BlackRock: The Middle East war will push U.S. inflation to 3.3% in March

According to Jin Shi's report, BlackRock strategists stated in a report that the impact of high energy prices is likely to be reflected in the U.S. March CPI data released on Friday. Economists surveyed by The Wall Street Journal generally expect the seasonally unadjusted CPI year-on-year rate for March in the U.S. to rise from 2.4% in February to 3.3%. Strategists noted that the war in the Middle East has caused supply chain bottlenecks, which are expected to drive up inflation.