BlackRock CEO: Fed Unlikely to Cut Rates Four to Five Times This Year, Rates Could Rise

BlockBeats News, April 8th, BlackRock CEO Larry Fink stated, "The market's 20% decline in three days has had an impact on clients and may lead to a chain reaction. In the long run, this is more of a buying opportunity than a selling opportunity. White House action will exacerbate inflation more than the market expects, the likelihood of the Fed cutting rates four to five times this year is zero, and rates may rise."