BlackRock CEO Fink Sees US Avoiding Recession Until 2025

BlackRock CEO Fink Sees US Avoiding Recession Until 2025

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of interest rates on mortgages in the US and UK, predicting that some economies, particularly in Europe, may enter recession early due to sensitivity to elevated interest rates. It also explores labor shortages and economic growth in the US, highlighting the potential need for a recession to balance labor demand. The video concludes with a discussion on future economic scenarios, emphasizing the role of central banks and consumer behavior in shaping economic outcomes.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What implications do the infrastructure Act, the CHIPS Act, and the IRA have on job creation?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways have historical US growth slowdowns been underestimated?

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