By Joseph Pisani
Larry Fink, the chief executive of BlackRock, the world's largest asset manager, says he's talked to lawmakers and some people in the Trump administration to warn them of the tariff's effects on the economy.
"I'm telling them that I do believe that we're going to have rising inflation," he said in an interview on Fox Business on Friday. "We have a potential of having a short-term recession."
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(END) Dow Jones Newswires
April 11, 2025 15:49 ET (19:49 GMT)
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