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BlackRock CEO: Markets underestimate inflation
2025-03-12 00:23

Odaily News According to Reuters, BlackRock CEO Larry Fink said at the CERAWeek conference that the US nationalist policies (such as expelling workers) will push up inflation, the market underestimates inflation, and costs will rise further in the next 6 to 9 months. For example, large-scale expulsions may affect agricultural labor. He also warned the Trump team that the construction of AI data centers will face a shortage of electricians. (Reuters)