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Larry Fink says Fed won't cut interest rates as much as people think, warns inflation 'embedded' - Fox Business
BlackRock Chief Executive Larry Fink says the Federal Reserve will not lower interest rates as much as some forecasters expect, warning inflation is "embedded."
By: Fox Business
- Oct 30 2024
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BlackRock CEO Larry Fink said Tuesday he does not believe the Federal Reserve will cut interest rates as much as some analysts expect, due to "embedded" inflation.
During a roundtable at the annual … [+2542 chars]