Blackrock CEO Predicts Rate Cut
This is a Blackrock news story, published by CNBC, that relates primarily to Larry Fink news.
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Inflation Reduction ActCNBC
•Larry Fink says the Fed won't cut interest rates as much as markets expect this year
85% Informative
Larry Fink , CEO of Blackrock , sees one rate reduction before the end of this year .
Fink: "I do believe we have greater embedded inflation in the world than we've ever seen" The Fed cut its benchmark rate by 50 basis points in September , signaling a turning point in its management of the U.S. economy.
VR Score
92
Informative language
96
Neutral language
18
Article tone
semi-formal
Language
English
Language complexity
51
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
4
Source diversity
3
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