The Labor Department released the February 2026 consumer price index (CPI), which showed that inflation remained elevated above the Federal Reserve's target.
The surge in gasoline prices tied to the Iran conflict is likely to produce the biggest increase in the consumer price index in March in almost four years. Economists predict the CPI will rise around ...
Inflation traders are bracing for the annual headline rate on the consumer-price index to rise to levels not seen in almost three years as a result of the U.S.-Israeli war against Iran.
The inflation data captures the period before the Iran war broke out. Since then, oil prices have surged, driving inflation ...
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