BlackRock's Fink expects tariff-induced inflation to rise over next few months

Reuters
05 Jun
BlackRock's Fink expects tariff-induced inflation to rise over next few months

NEW YORK, June 5 (Reuters) - BlackRock's boss Larry Fink said on Thursday price pressure could rise and the impact of tariff-induced inflation on the U.S. economy will likely be felt over the next few months.

The chairman and chief executive officer of BlackRock, the world's largest asset manager, was speaking at a Forbes investment conference in New York.

Fink said that while he was concerned over issues like rising inflation and rising U.S. budget deficits, he remained bullish over the economic opportunities likely to come from artificial intelligence and robotics.

(Reporting by Davide Barbuscia)

((Davide.Barbuscia@thomsonreuters.com;))

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