Uruci of T. Rowe Price Confident Inflation Will Hit 2%
THE SO WHAT
If large asset managers are publicly leaning toward 2% inflation without “too restrictive” rates, the cost of capital backdrop for multi-year tech and AI bets may stay more stable than feared. That supports longer payback-period projects — but don’t assume cheap money is coming back; underwrite AI and infra with real cash flows.
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