We are going to see higher interest rates for longer – Larry Fink

<ul><li>Increase in US deficit is highly inflationary</li><li>We will not see a hard or soft landing in 2024</li><li>Fed will have to raise interest rates further</li></ul><p>Fink is BlackRock's CEO and his argument above sort of goes against what Bill Gross is saying yesterday <a href="https://www.forexlive.com/news/bill-gross-says-a-us-recession-is-coming-in-q4-higher-for-longer-is-yesterdays-mantra-20231023/" target="_blank" rel="follow">here</a>. Touché.</p>

This article was written by Justin Low at www.forexlive.com.