The Iran war has pushed up gasoline, groceries and other prices for consumers.

Annual March rate shows impact of Iran war, which also pushed up cost of food and air fares ...

Inflation fell to 2.8 per cent for the 12 months to April 2026, according to the latest figures from the Office for National Statistics (ONS). A drop in last month's consumer price index (CPI) rate ...

Inflation risks stem from higher oil prices due to the Middle East conflict and tariffs. Wall Street forecasts increased chances of U.S. recession and stagflation. The Fed is likely to keep rates ...

UK inflation rose by 3.3% in the 12 months to March 2026, up from 3% in the year to February. Prior to the conflict in the Middle East, experts had predicted inflation to fall from 3% in February.

April's hot CPI report complicates anticipated Fed interest-rate cuts under incoming Chair Kevin Warsh. Inflation spikes, energy prices, and the Iran War delay rate cuts to at least 2027. Divisions ...

WASHINGTON — A top Federal Reserve official said Monday that an interest rate hike could be appropriate if inflation remains persistently above the central bank’s 2% target, the latest sign that some ...