BlackRock CEO: Rate Hike Possible in the Next Year, But Not a Core Prediction

BlockBeats News Update, January 26th: BlackRock CEO Larry Fink stated that "it is possible to raise interest rates at some point in the next 12 months," but he also emphasized that this scenario is not his core prediction, just a possibility he sees. He mentioned that the bond market indicates that inflation may be higher than people imagine, citing the example of the U.S. experiencing very high inflation about a year and a half ago in the Treasury market.