BlackRock's Turnill Says Inflation Is Moving Back Towards Central Banks' Targets

The video discusses the resurgence of inflation and its impact on the market, highlighting the Federal Reserve's anticipated rate hikes. It examines the US economy's position in its cycle, the effects of tax cuts, and the potential for overheating. The Fed's strategy focuses on economic data and a broad-based recovery, with a cautious approach to market volatility and interest rate adjustments.

What is the current state of the US economy in relation to its cycle?

What signs indicate that inflation is returning to the central bank's target?