BlackRock CEO: U.S. nationalist policies will drive up inflation, the market has underestimated inflation
BlackRock CEO Larry Fink stated at the CERAWeek conference that America's nationalist policies (such as expelling workers) will drive up inflation, and the market has underestimated inflation. The cost will further increase in the next 6 to 9 months, for example, mass expulsion may affect agricultural labor. He also warned Trump's team that there would be a shortage of electricians in building AI data centers.
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