Inflation could see a resurgence, and investors expecting a 'perfect outcome' for the economy this year may be disappointed, BlackRock says

• Inflation could see a resurgence and spoil a perfect scenario for the economy, BlackRock warned.
• Investors are expecting a soft-landing as inflation cools and the Fed slashes interest rates.
• But persistently high wage growth means inflation could reach 3% in 2025, strategists said.

Inflation could be back on the rise next year, spoiling a dream scenario for Wall Street that investors have already priced into stocks, according to BlackRock.