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The CEO of BlackRock issues another warning about a recession in the U.S. economy, stating that the economic slowdown may change the Federal Reserve's tightening path.

2025-04-13 02:46:27

BTC-1.63%

BlockBeats news, on April 13, according to Cryptodnes, BlackRock CEO Larry Fink warned that "a U.S. economic recession may have already begun, with escalating economic pressures and protectionist trade policies being key drivers behind the slow contraction of the economy." However, for cryptocurrency investors, an economic slowdown could prompt the Federal Reserve to change its monetary tightening course, potentially triggering a new wave of liquidity, which could become a major catalyst for crypto assets like Bitcoin. This is not the first time Larry Fink has issued a recession warning recently; BlockBeats previously reported that on April 8, BlackRock CEO Larry Fink stated in an interview with Bloomberg that more signs of economic slowdown would be seen in the coming months, and expressed concerns about further inflation if "all proposed tariffs are ultimately implemented."

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