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Larry Fink says inflation unlikely to fall below 4% soon but I'm not so sure

Blackrock CEO Larry Fink is on CNBC at the moment and one headline from him is that US inflation won't fall below 4% soon but I wouldn't be so sure. This week's CPI number was 5.0% so there's some breathing room above 4% but the next few months are going to be extremely favorable for falling year-over-year numbers. There's a combined 2.5 percentage points of inflation set to fall out of the year-over-year metric through June.I'm oversimplifying the math but -- roughly -- for inflation to stay ab... Read More

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Larry

Fink

Says

Inflation

Unlikely

Fall

Below

Soon

Sure

Forex

Posted: Apr 14 2023, 14:17

Author Name: forexlive

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