US economic data delivered an unpleasant surprise to the markets following the announcement that the annual inflation rate climbed to 3.3% last March, placing the Federal Reserve in a highly critical position. This unexpected surge is primarily attributed to rising energy costs and essential commodity prices, driven by supply chain disruptions and ongoing geopolitical tensions. Based on these figures, expectations are mounting that the US Federal Reserve may be forced to postpone any plans to cut interest rates in the near term, and might even lean towards maintaining its tight monetary policy for an extended period. This development has sparked a wave of anxiety across global stock markets, which had been betting on imminent monetary easing to support investments.