**■ Morning Bell ‘Wealthy People’s Investment Notes’ – Yumi Ko, Foreign Correspondent**
Larry Fink, CEO of BlackRock, the world’s largest asset management firm, has warned that the Federal Reserve may not lower interest rates as much as the market expects.
He predicted that the Fed might only lower rates once more within this year.
Moreover, he expects this cut to be a small one, 0.25 percentage points rather than 0.5 percentage points.
He stated that this is due to ongoing concerns about inflation.
[Larry Fink / BlackRock CEO: I anticipate that there will be at least an additional 0.25 percentage point rate cut this year. However, I believe that higher-than-ever inflation is inherent in the global economy. Governments and policies are causing much more inflation than before. Therefore, I think interest rates won’t drop as much as some people expect.]
**Your tip can become news.**
SBS Biz is waiting for your tips.
Website = [https://url.kr/9pghjn](https://url.kr/9pghjn)