Brian Jacobsen: The Middle East conflict will change the path of U.S. inflation, and the Federal Reserve will remain on hold

By: rootdata|2026/03/11 21:43:43
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According to Jin Ten, Brian Jacobsen, Chief Economist at Annex Wealth Management, stated that the February inflation data was originally heading in the right direction, but the emergence of the Middle East conflict has changed that trajectory. Energy, which could have brought about deflation, is now likely to lead to inflation. Due to the chaos in the fertilizer market, food prices may also begin to show signs of accelerating inflation. The Federal Reserve is likely to emphasize maintaining interest rates, but monetary policy cannot reopen the Strait of Hormuz, so these tough statements are likely to be merely verbal.

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