AI Is the New Rate-Cut Narrative

BlackRock's Larry Fink has reframed monetary policy. He is saying that if you believe in AI, you know there is a strong case for cutting interest rates.

He argues that if productivity is about to surge, inflationary pressures will fade and policy can be eased.

That's not tech optimism, that's macro positioning.

AI is now being priced as a deflationary force, not just a growth story. $FET $RENDER $GRT #AI