Blackrock’s Larry Fink on Interest Rates: ‘This Reminds Me of the ’70s’

October 24, 2023

Wall Street Journal, Oct. 24, 2023–Eliot Brown
BlackRock CEO Larry Fink isn’t optimistic about interest rates coming back down anytime soon.

“We’re going to see higher interest rates for longer,” Fink said Tuesday on a panel at Saudi Arabia’s Future Investment Initiative. “This reminds me of the ’70s.”
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