BlackRock CEO anticipates recession in the US in 2025

BlackRock CEO anticipates recession in the US in 2025.

“I see some very big opportunities for inorganic growth,” Fink told Bloomberg TV at the Berlin Global Dialogue forum on Friday.

BlackRock's CEO expects 10-year borrowing costs to remain at 5% or higher for some time due to built-in inflation.

Speaking about which economies are most at risk of a recession, Fink said: “In many areas it may take a recession to reduce labor demand.”