Jeffrey Roach, chief economist at LPL Financial, said current inflationary pressure should not be wholly attributed to the Middle East war — while some reflects supply constraints, a portion is demand-driven. The Federal Reserve will factor demand-si

2026-11-10

Jeffrey Roach, chief economist at LPL Financial, said current inflationary pressure should not be wholly attributed to the Middle East war — while some reflects supply constraints, a portion is demand-driven. The Federal Reserve will factor demand-side pressure into its decision-making and may raise rates in December to curb demand-driven inflation. Rent inflation has been steady at 2.7%–2.9% over the past 10 months.