TechFlow Shencao News, March 18 - According to Jin Shi Data reports, the United States' February PPI year-over-year increase exceeded expectations, and with Middle East conflict pushing up oil prices and continued import transmission, further acceleration is possible in the future. The U.S. Department of Labor Bureau of Labor Statistics stated on Wednesday that driven by the services sector, February PPI surged 0.7% month-over-month, with January's increase revised to 0.5%. The US-Israel-Iran conflict that began in late February has pushed oil prices up more than 40%. Economists anticipate that the inflationary impact from the conflict will appear in the March consumer and producer price reports to be released next month. The Federal Reserve is expected to maintain interest rates unchanged later today. Federal Reserve officials will submit new economic forecasts, with economists expecting inflation projections to be revised upward; financial markets expect the Federal Reserve to cut rates only once this year.