In the Margins

BlackRock's Fink: Yellen gave market 'clarity'

December 17, 2015

By InvestmentNews

 BlackRock CEO Laurence Fink on Thursday predicted a slow-growth economy in early 2016 and praised Federal Reserve Chair Janet Yellen's speech Wednesday following the Fed's move to raise interest rates for the first time in nearly a decade. "She gave the market clarity," he said in an interview on Bloomberg Television. "I think the marketplace can be calm, and I think the marketplace will really understand, looking at the numbers, how the Fed will operate." Read the original story from InvestmentNews.

 

 

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