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Energy inflation has been more persistent than expected: Fed's Goolsbee
While oil prices have recently fallen on news that a peace deal between the U.S. and Iran could come, prices are still significantly higher than before the war.
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cnbc.com
Energy inflation has been more persistent than expected: Fed's Goolsbee
While oil prices have recently fallen on news that a peace deal between the U.S. and Iran could come, prices are still significantly higher than before the war.
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cryptobriefing.com
Fed's Goolsbee cites persistent energy inflation amid Iran war impact
Fed Chair Goolsbee warns of persistent energy inflation due to the Iran war. No rate cuts in 2026 at 66.3% YES.
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cnn.com
War-driven price shock sent April inflation to highest level in nearly three years | CNN Business
The Iran war’s oil price shock drove the Federal Reserve’s preferred inflation gauge to 3.8% last month, its highest rate in nearly three years, new data showed Thursday.
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economictimes.indiatimes.com
US inflation hits three-year high in April as Iran war fuels energy price surge
America's inflation rate has reached a three-year peak. Higher energy costs are a major factor. This situation is expected to keep interest rates unchanged for some time. Tax…
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aljazeera.com
US inflation surges to three-year high amid tensions with Iran
Heightened petrol prices led the inflationary pressures, with prices that jumped 5.5 percent in April.
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Fed's Bowman says extended energy shock could drive shift in policy outlook
She said she was "optimistic" that once the war is over, supply disruptions will end and there will be a "temporary" impact on inflation and a "minimal" hit to overall economic…
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fortune.com
High gas prices are just the start — inflation is seeping into the rest of the economy | Fortune
Energy shocks tied to Middle East turmoil are now feeding into housing, travel and everyday essentials, leaving Kevin Warsh’s Fed with a tough choice.