The latest US inflation report is really bad.

 US inflation (YOY): 3.3%

The US inflation had spiked to 3.3% due to the energy crisis caused by the Iran war.

Consequently, the US inflation expectation (1-yr) is projected to rise to 4.8%.  This will definitely cause the US consumption to fall in the future.

The US consumer sentiment had declined significant and this might indicate a significant cutback in consumer spending in the future too.  Subsequently, the US GDP growth will be greatly affected because the US derives 2/3 of its economic growth from US consumption.