In the wake of the pandemic, many institutional investors think that significant sticky inflation – which some are experiencing for the first time – will be a transitory challenge. According to an analysis from BlackRock Investment Institute, however, heightened inflation will be a more sustained factor, rising to perhaps 5% in the next four months before settling to just under 3% through the end of 2022 (and remember that it remained under 2% for most of the last two decades).1