"That's all starting to come to the economy. So actually, I think our economy is going to accelerate," Fink said, adding that a 3% growth rate could remedy budget pressures from higher interest rates.
The domestic economy is also"stronger than any place in the world," he added, pointing to factors like strong innovation and entrepreneurship in the US in the first quarter this year, according to the Bureau of Economic Analysis, lagging slightly behind 2.6% growth in the previous quarter. Still, experts have noted the economy remains relatively strong despite the Fed's aggressive monetary tightening measures. The
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Source: Reuters - 🏆 2. / 97 Read more »