
By Sébastien Page, CFA, Head of Global Multi-Asset and CIO, and Christopher Dillon, CFA, Investment Specialist
Inflation has posed a significant headwind for risk assets so far in 2022. Going forward, something will have to give as either supply chain and other pandemic-related pressures ease, or the Federal Reserve could raise rates to the 3.75% range over the next 12 months. History suggests that such a policy move not only heightens recessionary risk, but it could also amplify downside risks for many assets. Our panel discusses inflation and its impact on markets, the economy, and asset allocation.
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