BlackRock's Rosenberg: Inflation May Have Peaked

In a recent interview, Jeff Rosenberg, a portfolio manager at BlackRock, discussed his views on inflation and its potential impact on the Federal Reserve's policy decisions. Rosenberg suggested that while inflation may have peaked, it could remain higher for longer, influencing the Fed's rate hike decisions. He also touched on the increasing fiscal deficits worldwide and their impact on long-term interest rates. Additionally, Rosenberg addressed the corporate bond market's ability to absorb supply and the potential risks associated with government bond issuance.