In this episode, KBRA Managing Director and Head of Sovereigns Joan Feldbaum-Vidra reviews the main takeaways from her recent report, Sovereigns 2022 Outlook: New Challenges Ahead, and expands on the role of inflation expectations as adding complexity to the new challenges ahead.

“In some countries, despite a long period of relatively tamed inflation, the anchoring of expectations is at a higher level,” Feldbaum-Vidra said. “In this next period, which involves new challenges, this can create complexities and amplify risks.”