Inflation: What it means for commodities and CTAs

Arctic Blue Capital analyses the key theme linking the US Federal Reserve tightening cycle and Donald Trump presidency


In the US, inflation data has shown a clear uptrend since mid-2016 which has accelerated over the last few months. The trend is most apparent in headline CPI, which is significantly impacted by the recovery of the energy price. The PCE Index, the Fed’s most favoured inflation gauge rose 1.6%