The Financial Outlook for Personal Investors: What will 40-year-high inflation in the US mean for markets?

Victoria Scholar, head of investment at Interactive Investor, talks to Simon Rose about the likely effects of US inflation hitting 7%, a forty-year high. With the labour market there tight, as in the UK, she considers what the Federal Reserve's response is likely to be, given that the problems are caused more by the supply side of the economy, rather than the demand side. And what will this mean for markets and the sort of tech stocks that have been riding so high?