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Inflation cools significantly as gas prices decline amid Middle East ceasefire
US inflation cooled in June 2026 as gasoline prices fell 9.7%, with a US-Iran ceasefire driving oil below $70. Here is what it means for crypto markets.
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abcnews.com
Falling gas prices likely cut inflation last month
Inflation likely cooled last month as gas prices declined, providing consumers with some welcome relief even as renewed combat with Iran has sent oil prices climbing again
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Falling gas prices cut inflation last month yet renewal of Iran war could limit progress
U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, though much of the progress could be reversed if the Iran war…
