It has been a decade since the last inflationary debate, and a generation since the Central Bank last lost control of price stability.
With the recovery well underway and an unprecedented amount of fiscal stimulus still making its way through the economy, the U.S. may once again be heading toward a period of sustained higher inflation.
In this brief, we explore the potential for the country moving into a higher inflation environment and how the commercial real estate sector may fare if the Inflation Hawks are proven right.