'Listen, every client call I'm on, including the one I just finished ... is talking about overheating,' BlackRock's Rick Rieder told CNBC.
, reiterating the central bank's commitment to current policy and its view that price increases will have a "transitory" impact on inflation.
If that were to happen, central bankers could be forced to end their extraordinarily easy monetary policy put in place during Covid and raise interest rates sooner than expected."I think most are," Rieder said. "When you have a reopening like this, when you have a bid for copper and lumber and energy, you're going to get some extraordinary numbers.
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