Iran War Keeps Fed's Inflation Gauge Above Inflation Target
Trump Says He Doesn't Fear Political Fallout From Prolonged War With Iran
U.S. Military Conducts New Strikes on Iran
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.
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
Inflation rose for the second consecutive month as the Iran war drove up gas prices.
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.…
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…