BlackRock’s Larry Fink warns of ‘slow rolling crisis’ as Fed’s inflation fight drags on for years
March 15, 2023 at 07:49 AM EDT
BlackRock Inc. co-founder and CEO Larry Fink warned his firm's investors that the Federal Reserve's aggressive interest-rate hikes were the "first domino to fall" in what could be a "slow-rolling crisis" similar to other "spectacular financial flameouts" of the past.
