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'A miserable number': Iran war and AI spending drove inflation to a 3-year high | Fortune
KPMG's Diane Swonk says the Iran war is in your groceries, AI is in your electricity bill, and the Fed has no easy way out.
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apnews.com
The Iran war is hitting home as gasoline prices fuel inflation surge of 3.8% in the US
U.S. consumer prices climbed a sharply again last month as the 10-week war with Iran pushed energy prices higher.
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bbc.com
US inflation jumps to 3.8% as energy costs surge from Iran war
The key measure of US inflation rose in April to its highest level since May 2023 as consumers feel the impact of the Iran war.
