BlackRock’s Harrison Sees Fed, Markets in a Tug-of-War

The video discusses the market's response to the Federal Reserve's dovish stance and its new framework, which emphasizes ambitious economic targets, including inflation control and a tight labor market. It highlights the ongoing tug of war between the markets and the Fed, with markets testing the Fed's resolve. The discussion also covers expectations for a short-term inflation spike and the strength of the economic recovery, suggesting that market participants may be underestimating the recovery's potential over the next six months.

What factors does the speaker believe will influence inflation in the coming months?

What is the speaker's expectation regarding the economic recovery over the next six months?