Australia bucks trend and raises rates under inflation pressure
Central bank cites higher fuel prices as result of Iran war as it unveils third increase this year
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US inflation rose to 3.3% in March on Middle East energy shock
Surge in prices highest since May 2024 as Iran conflict triggers historic surge in petrol prices
Iran war muddles expectations of likely Federal Reserve interest rate cuts
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Turkey scraps inflation target as economic strains deepen
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Sharp rise in inflation is hitting growth outlook for region heavily dependent on imported energy
UK inflation held steady at 3% in February
Figure comes as Middle East war has triggered a surge in energy prices
US inflation jumps to 3.8% as Middle East war stokes price rises
April figure marks highest level in three years as effects of conflict reverberate through US economy