BlackRock: The Middle East war will push U.S. March inflation up to 3.3%
ChainCatcher news, according to Golden Ten Data, BlackRock strategists stated in a report that the impact of high energy prices is likely to be reflected in the US March CPI data to be released on Friday. Economists surveyed by The Wall Street Journal generally expect the unadjusted annual US CPI for March to rise from 2.4% in February to 3.3%. The strategists noted that the Middle East war has caused supply chain bottlenecks, which are expected to push up inflation.
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