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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 refunds are temporarily boosting spending. However, economists anticipate a slowdown as the tax season concludes. Consumers are facing rising prices across various goods and services.
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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…
