Red alert: US inflation is indeed rising!

The US is a service oriented economy and the services' prices have been rising consecutively to 74 points.  Furthermore, the manufacturing prices are also rising due to the Iran war and the burgeoning growth in AI expenditures.

However, the US Fed is not expected to raise its Fed rates in October because of the upcoming mid-term election in November.  Therefore, the US Fed will resume raising its Fed rates in December 2026.