According to CoinMeta, Jeffrey Roach, the chief economist of lpl financial company, stated that not all of the current inflationary pressures can be attributed to the wars in the Middle East, although some of it may indeed be due to supply constraints. In fact, a portion of the current inflation is driven by demand. The Federal Reserve will take this factor into consideration and may raise interest rates in December to curb the demand-side pressures of inflation. However, there is an encouraging sign: over the past 10 months, the rental inflation rate has remained between 2.7% and 2.9%.