BlackRock's Fink Warns Data Center Ban Could Trigger US Recession

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BlackRock CEO Larry Fink cautioned during a CNBC interview that halting data center construction could push the United States into recession. He argued that investment in AI infrastructure is essential for economic growth and job creation. Local communities opposing data centers are voicing concerns over energy costs and environmental effects as the midterm elections approach. Meanwhile, the International Monetary Fund forecasts steady growth, though Fink points to supply constraints that could weaken economic resilience.

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