BlackRock’s Fink Sees Inflation Lasting for Years BlackRock Inc . Chief Executive Officer Larry Fink said he expects inflation to remain elevated for several years primarily because of snarled global supply chains. “It’s been aggravated by Covid and lockdowns in different parts of the world,” Fink, 69, said Thursday in a wide-ranging interview on “The Close” on Bloomberg Television. “It’s more supply driven.” Enjoying Bloomberg Wealth? To read more articles based on your personal financial goals, answer these 3 questions that will tailor your reading experience. The world’s largest asset manager, which oversaw about $9.6 trillion as of March 31, is navigating a world beset by surging inflation, rising interest rates and geopolitical upheaval. Fink had previously said the war in Ukraine created profound changes to the global economy, forcing companies and governments to reconsider their reliance on foreign markets and spend more to boost their capabilities locally. The […]