BlackRock CEO Larry Fink says ECB must buy equities to stimulate euro zone
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NEW YORK (Reuters) - BlackRock Chief Executive Larry Fink said on Friday the European Central Bank will need to purchase equities to stimulate Europe's economy, and that leaders should find ways to have investors embrace an "equity culture" there. "I don't see how if they (the ECB) do more easing, which means - deeper negative rates - I don't know how that transmission (works) in the economy," Fink told Reuters in a telephone interview, following BlackRock's earnings results. BlackRock is..