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BlackRock CEO: The possibility of the Federal Reserve lowering interest rates four to five times this year is zero, and interest rates may rise.
BlockBeats news, on April 8, BlackRock CEO Larry Fink stated, "The market's 20% fall in three days has impacted clients and may cause a chain reaction. In the long run, this is more of a buying opportunity rather than a selling opportunity. The White House's actions will exacerbate inflation more than the market expects, and the possibility of the Federal Reserve cutting interest rates four to five times this year is zero, and interest rates may rise."