According to The Kobeissi Letter, inflationary pressures are increasing as evidenced by the Philadelphia Fed Prices Paid index, which jumped 8.6 points in February to its highest level since October 2022. Concurrently, the NY Empire State Prices Paid index surged 11.1 points to 40.2, marking the highest point since March 2023. These regional indicators suggest a potential impact on market volatility and trading strategies due to rising input costs.