Inflation is the topic on everyone’s minds. In this podcast, Director of Global Macro Research Francis Scotland, and Senior Vice President – Investment Specialist Katie Klingensmith tackle this tricky—and potentially sticky—topic. They discuss the implications and policy responses to address the jarring rise in inflation, including the Federal Reserve’s abrupt U-turn and the factors contributing to that reversal. However, according to Francis, no one is really talking about the possibility of a meaningful retreat in growth, but that seems the most likely scenario to him. In his view, the big questions are: How fast will mean reversion in growth take place; how far will economic growth retreat; and will inflation follow?
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