BlackRock Inc. CEO Larry Fink said on Thursday that he currently does not see a short-term scenario that would force the United States Federal Reserve to reverse its monetary policy course. However, he also warned there are some "very large inflationary pressures" the US should be aware of.

In an interview with CNBC, Fink said the Trump administration is "trying to find growth" in the private sector, predicting the US economy would see "enormous growth" if private capital can be unlocked. He added that he hopes the Securities and Exchange Commission (SEC) will "rapidly" approve the tokenization of stocks and bonds.