Iran War Pushes U.S. Inflation to Highest Level in Nearly Two Years
U.S. inflation accelerated sharply in March, reaching its highest level in almost two years, driven largely by soaring gasoline prices linked to the war with Iran.
U.S. Inflation
![Iran War Pushes U.S. Inflation to Highest Level in Nearly Two Years.]()
U.S. Inflation rate slows to 8.3% after gas prices fall but stays close to 40-year high –as
U.S. consumer price growth slowed sharply in April as gasoline eased off record highs, suggesting inflation has probably peaked, though it is likely to stay hot for a while and keep the Federal Reserve's foot on the brakes to cool demand.
![U.S. Inflation rate slows to 8.3% after gas prices fall but stays close to 40-year high –as]()
U.S. Inflation Rate Accelerates to 7.5%, a 40-Year High
Inflation has been driven higher by soaring demand and lack of supply caused by Covid pandemic’s global impact on trade
![U.S. Inflation Rate Accelerates to 7.5%, a 40-Year High]()
