Inflation will rebound first before ultimately falling as wages and global conflicts push prices higher, BlackRock's chief investment strategist warns

• Inflation is on a rollercoaster path downwards, BlackRock's chief investment strategist warned.
• Despite a recent decline, the asset manager thinks prices could rebound in 2025 before continuing lower in the longer term.
• Investors can blame lingering price pressures in the economy, including hot wages and geopolitical conflict.

Inflation could get worse over the next year before it gets better, according to BlackRock's chief investment strategist Wei Li.