Investors are wrong to expect central banks to start pulling back from interest rate hikes, top BlackRock exec says

Investors are wrong to expect central banks to start pulling back from interest rate hikes, top BlackRock exec says

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Philipp Hildebrand, vice chairman of BlackRock. Photo by Tolga Akmen-WPA Pool/Getty Images) Investors are wrong to think central banks will ease up on rate hikes, a top BlackRock exec said. Policymakers want to make sure people's inflation expectations don't rise, Philipp Hildebrand said. "At…

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