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BlackRock CEO: Multiple corporate executives believe the U.S. may have already entered a recession, and if tariffs are implemented, it will exacerbate inflation.
BlockBeats news, on April 8, BlackRock CEO Larry Fink stated in an interview with Bloomberg that we will see "more signs of economic slowdown" in the coming months. Many executives he communicated with expressed that "we are likely already in a recession." Larry Fink also mentioned that he is concerned about further rise in inflation if "all proposed tariffs are ultimately implemented."