BlackRock Vice Chairman Philipp Hildebrand discusses the “transformational forces” driving policy and the global economy in 2025. He says the biggest risk is that “inflation is not just sticky, but continues to be stubbornly sticky.” He speaks on Bloomberg Television at the World Economic Forum’s annual meeting in Davos, Switzerland.
00:00:00 Hildebrand sees “so much uncertainty in global economy”
00:01:09 Inflation risks becoming “stubbornly stick”; trade concerns
00:03:09 Europe competitiveness: falling behind on energy, digital
00:03:55 Germany election; sees Europe capital markets woes
00:06:38 Sticky inflation, higher rates for longer, higher debt levels
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