Inflation traders brace for short-term shock from tariffs, immigration policies

Published: March 3, 2025 at 2:55 p.m. ETInflation traders are positioning for a consumer-price index that produces a seven-month string of annual headline inflation readings from the consumer-price index that are near or slightly above 3% — a stretch that’s tantamount to a short-term shock in price gains.That description of a short-term shock comes from Gang Hu, a trader at New York hedge fund WinShore Capital Partners who has long been prescient about the path that U.S. inflat