Here are the ETFs to buy on persistently higher inflation in 2022 and beyond, says BlackRock’s head of iShares strategy

Given an outlook for high U.S. inflation that’s likely to persist beyond 2022, Gargi Chaudhuri of BlackRock Inc., the world’s biggest asset manager, says investors should continue to hedge their portfolios with exchange-traded funds focused on inflation-linked bonds, commodities, infrastructure and real estate.

Wednesday’s consumer-price report for December is likely to produce a headline year-over-year gain of more than 7%, the highest in almost 40 years, and to…

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