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BlackRock CEO: Economy ‘weakening as we speak’

  • US President Donald Trump acknowledged challenges in American markets while pausing tariffs for 90 days, stating, "We're trying to get the world to treat us fairly".
  • Concerns regarding the UK potentially banning quantitative easing have intensified, with economists warning it could lead to significant economic troubles soon.
  • Goldman Sachs raised the chances of a US recession to 45% as market conditions worsen amid recession fears.
  • Economists warn that banning quantitative easing could expose the UK to financial risks, as highlighted by William Allen of the National Institute of Economic and Social Research.
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In the midst of the tariff conflict, Donald Trump has rebuilt his advisory team. Meanwhile, Blackrock CEO Larry Fink sees the first signs of a recession in the US – and warns of consequences for the retirement provision of millions of people. All developments in the live ticker.

·Dortmund, Germany
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  • 48% of the sources are Center
48% Center
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Portfolio.hu broke the news in on Monday, April 7, 2025.
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