BlackRock CEO: Market Underestimating Inflation

BlockBeats News, March 12th, according to Reuters report, BlackRock CEO Larry Fink stated at the CERAWeek conference that the U.S.'s nationalist policies (such as deporting workers) will drive up inflation, with the market underestimating inflation, and costs are expected to rise further in the next 6 to 9 months, for example, large-scale deportations may affect agricultural labor. He also warned the Trump administration that AI data center construction will face an electrician shortage.