The sharp runup in US inflation in 2021-2022 revived the idea that a so-called real assets portfolio is crucial for asset allocation strategies. But with the peaking of inflation in mid-2022, the outlook has turned murky for a dedicated focus on assets that are expected to benefit from higher pricing pressure.

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* Federal Reserve expected to leave rates unchanged at today’s policy meeting
* Economists continue ponder why high rates haven’ caused US recession
* US dollar strengthens after Bank of Japan ends policy of negative rates
* Rate cut for Europe on the table for June, says ECB President Lagarde
* UK inflation in February eases to slowest pace in nearly 2-1/2 years
* US housing starts rebounded in February–biggest rise since May:

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