BlackRock CEO Fink Sees 'Probabilities' of Fed Hikes in Longer Term: Davos 2025
January 24, 2025
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2:51Now PlayingBlackRock CEO Fink Sees 'Probabilities' of Fed Hikes in Longer Term: Davos 2025
YouTube Description
as posted by the channelBlackRock CEO Larry Fink says the strength of the US economy may lead the Federal Reserve to hike interest rates later, after easing in the short term. “I see probabilities” of an increase at some point beyond the next 12 months or so, Fink explained during a panel discussion at the World Economic Forum's annual meeting in Davos, Switzerland, but he cautioned that such a scenario wasn’t his “core prognostication.”
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