BlackRock’s Larry Fink warns of ‘slow rolling crisis’ as Fed’s inflation fight drags on for years
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BlackRock Inc. co-founder and CEO Larry Fink warned his firm’s investors that the Federal Reserve’s aggressive interest-rate hikes were the “first domino to fall” in what could be a “slow-rolling crisis” similar to other “spectacular financial flameouts” of the past. In his latest annual letter to…
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