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BlackRock CEO predicts that the first interest rate cut by the Federal Reserve will occur in June

BlackRock CEO predicts that the first interest rate cut by the Federal Reserve will occur in June

2024/01/12 12:29

BlackRock CEO Fink said that the first interest rate cut by the Federal Reserve is expected to occur in June. It is anticipated that the US economy will improve in the autumn, but the growth rate will not be strong. In addition, he also stated that he believes cryptocurrency is an asset class rather than a currency.

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