Monthly Macro: Higher for Longer? Inflation, Interest Rates, and the AI Investment Cycle

William Blair macro analyst Richard de Chazal explains why investors may need to adjust to a world of structurally higher inflation, interest rates, and bond yields rather than expect a return to the economic conditions that defined the 2000-2020 period. He also examines how AI-driven productivity gains, capital investment trends, and Federal Reserve policy could shape markets and economic growth in the years ahead.