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BlackRock CEO: The market is underestimating inflation
BlockBeats news, on March 12, according to Reuters, BlackRock CEO Larry Fink said at the CERAWeek conference that America's nationalist policies (such as worker expulsions) will drive up inflation. The market underestimates inflation, and costs will further rise in the next 6 to 9 months, for example, large-scale expulsions may impact agricultural labor. He also warned the Trump team that AI data center construction will face a shortage of electricians.