In a sobering conversation with the Financial Times’ Peter Spiegel, Phillip Hildebrand, vice chairman of BlackRock offers his expert outlook on the causes and possible longevity of the current global inflation crisis.

Recorded at the Delphi Economic Forum in April 2024, the conversation provides answers to a series of critical questions for the future of the european economy: could AI provide the world with a burst of innovation necessary to overcome the fall of the global production capacity caused by the pandemic, geopolitical turmoil and the antagonism with China? What lies ahead for the European banking sector, in a continent still lacking a Capital Markets Union and a Banking Union? How can Europe avoid losing its industrial competitiveness capacity following this crisis and preserve the European way of life?