BlackRock CEO: there will be no Great Recession this year, but inflation will persist for some time.

[BlackRock CEO: the US economy will not have a Great Recession this year but inflation will persist for some time] April 15, BlackRock Chairman and CEO Larry Fink believes that there may not be a severe recession in the United States this year, but inflation will continue for some time. "No, I don't think there will be a great recession. I'm not sure we will have a recession in 2023. We may have a recession in early 2024," he said. He believes that the possibility of a recession depends on the Fed's efforts to fight inflation.