Inflation Is a Supply Issue for BlackRock's Hildebrand

The video discusses the current inflation, primarily driven by low supply due to post-COVID recovery and energy shocks. It examines the role of central banks, particularly the Fed, in managing inflation through interest rates, highlighting the trade-offs between controlling inflation and avoiding recession. The discussion also covers market reactions to central bank policies and the potential for recession in the US and Europe.

What are the main factors contributing to the current inflation according to the text?

How should central banks approach the issue of inflation as discussed in the text?

What trade-offs are mentioned regarding managing inflation and economic growth?

What are the potential outcomes for the US economy if interest rates are raised significantly?

What is the significance of supply levels in the context of inflation as per the discussion?