Inflation Will Be Muted, Low Rates Are Here to Stay
David Hunt joins Bloomberg Markets’ “Balance of Power” to share his views on inflation and rates in the long term.
Over the last few hundred years, the mixed economies of the developed world produced considerable growth. However, over the last generation, we've seen an increase in inequality, reduced social mobility, and concerns around regulatory capture. The pandemic and its lockdowns have both exacerbated these trends and acted as a catalyst to review policies that can help offer more equitable outcomes.
PGIM President and CEO, David Hunt, joined Investment Magazine’s 2021 Chair Forum for a virtual session that explored potential solutions to the rising inequality of income and wealth. During the session, 'Reframing Markets: Dynamism and Impact in a Bifurcated Society,' Hunt shared insights on more inclusive approaches to capitalism, and the risks and opportunities some of these approaches may present.