Blackrock (BLK) CEO Fink says there's good justification for lowering rates if you believe the power of AI - CNBC

• The US will grow above trend over the next few years.

Larry Fink's comments on the potential for lower rates, supported by anticipated strong economic growth driven by AI, present a hawkish shift in sentiment. This could lead markets to reassess the outlook for rate cuts, with implications for equities and risk sentiment as investors digest the balance of growth versus inflation. The expectation of sustained growth may also influence expectations for the Federal Reserve's policy trajectory moving forward.