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Larry Fink says the Fed won't cut interest rates as much as markets expect this year

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Summary
Nutrition label

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

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