Brace for a high June inflation reading — but the surge so far hasn’t led to ‘unanchored’ expectations, says BlackRock
July 12, 2022 at 17:14 PM EDT
Investors are bracing for a high print of the cost of living in June, but inflation expectations over the longer term have so far not become “unanchored,” according to BlackRock’s Gargi Chaudhuri, BlackRock’s head of iShares investment strategy for the Americas.