BlackRock CEO Larry Fink says the strength of the US economy may lead the Federal Reserve to hike interest rates later, after easing in the short term. “I see probabilities” of an increase at some point beyond the next 12 months or so, Fink explained during a panel discussion at the World Economic Forum’s annual meeting in Davos, Switzerland, but he cautioned that such a scenario wasn’t his “core prognostication.”
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