[Analyst: Inflationary Pressures Not Entirely from the Middle East; Demand-Side Pressures May Force Fed Intervention] According to Jeffrey Roach, chief economist at LPL Financial, current inflationary pressures are not entirely attributable to the Middle East wars, although some may indeed be due to supply constraints. In fact, current inflation is partly demand-driven. The Federal Reserve will take this factor into account and may raise interest rates in December to curb demand-side pressures in inflation. However, an encouraging sign is that rental inflation has remained between 2.7% and 2.9% over the past 10 months.