The Bloomberg Commodity Index (BCOM) has surged to 141 points (+28% YTD), hitting peaks not seen since 2022 and marking the first annual rise in commodity prices in the last 4 years.
The return of commodity inflation due to high energy and logistics costs makes the Fed's 2% target unattainable, which will force regulators to keep interest rates elevated for a longer period and could trigger a correction in the stock and crypto markets in the second half of 2026.
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