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BlackRock CEO: Several corporate executives believe that the U.S. may have already fallen into a recession, and if tariffs are implemented, it will exacerbate inflation.
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. Several corporate executives he spoke to indicated that “we are likely already in a recession.” Larry Fink also expressed concern about further inflation rise if “all proposed tariffs are ultimately implemented.”