Larry Fink, CEO of investment management giant BlackRock, has cautioned that the economy may weaken as market instability grows due to the Trump administration’s new tariffs. Speaking at the Economic Club of New York, Fink remarked that the economy is “weakening as we speak,” reflecting growing concerns over market instability. “The need for the administration to focus on these pro-growth agendas, which was much of what the president campaigned on, we have to get that going. ” Fink expressed concern that President Donald Trump’s actions are likely to be more inflationary than the markets anticipate
source: https://news.shib.io/2025/04/08/blackrock-ceo-warns-of-weak-economy-amid-trumps-tariffs-and-inflation/?utm_source=rss&utm_medium=rss&utm_campaign=blackrock-ceo-warns-of-weak-economy-amid-trumps-tariffs-and-inflation