Inflation rose for the second consecutive month as the Iran war drove up gas prices.

US inflation, measured by the Fed's preferred PCE index, jumped 3.8% in April, the highest year-on-year rate since 2023. Get the details on rising US infla

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.

The Personal Consumption Expenditures price index rose 3.8 percent in April from the same time last year.

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…

Inflation in the US accelerated in April to its highest level in three years, driven by rising fuel and food prices as the economic fallout from President Donald Trump’s Iran war…

Inflation rose for the second consecutive month as the Iran war drove up gas prices.

Heightened petrol prices led the inflationary pressures, with prices that jumped 5.5 percent in April.