BlackRock CEO: US nationalist policies will push up inflation

PANews reported on March 12 that according to Reuters, Larry Fink, CEO of BlackRock, said at the CERAWeek energy conference that the US nationalist policies, including the large-scale deportation of immigrants, will lead to rising inflation. He pointed out that costs will rise further in the next 6 to 9 months and the market underestimated the risk of inflation. Fink specifically mentioned that the deportation of immigrants may affect agricultural production and lead to a lack of skilled workers such as electricians in the construction of AI data centers. In addition, he warned that the high tariffs planned by the Trump administration may push up import costs and questioned the economic cost of these policies.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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