Monique Wong, multi-asset investment manager at Coutts, has predicted US inflation to surprise on the upside in 2018, pointing to the tight labour market, rising oil prices and the impact of President Donald Trump's landmark tax reforms.
The majority of analysts are forecasting US core inflation to rise to 2% from its current 1.8% mark, but Wong said the Consumer Price Index (CPI) excluding food and energy could rise as high as 3%, which...
Ongoing charge of just 0.06%
Changes happening over coming months
Recommended cash offer
Latest news and analysis
Addressing gender imbalance in fund management