ICYMI – BlackRock CEO Fink said US inflation likely to be sticky now, stay above 2% target

<p>BlackRock Chief Executive Officer Larry Fink speaking with CNBC on Friday, posting as a catch up. </p><ul><li>"I think we’ve seen a low in inflation, and I think inflation can
be sticky between 3 and 4%. </li><li>And if I’m right about job
creation and the need for labor, and how that’s going to elevate
wages, we’re going to be in a period of 3 to 4% inflation</li><li>(this) will translate into a Fed that I think is going to be reluctant to
turn off its platform of raising rates"</li><li>also said that
prices for energy, housing and used cars could start to rise again in
the coming months</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.