|
President Trump has declared the cease-fire on "life support," and investors are taking a cautious approach as the economic effects of the war become more apparent.
|
|
The Consumer Price Index rose 3.8% in April from a year earlier as higher energy costs replaced tariffs as the driver of higher prices for Americans.
|
|
US inflation jumps to 3.8% as energy costs surge from Iran war BBCCPI Report Live Updates: Inflation Accelerates After Weeks of War in Iran The New York Times'A miserable number': Iran war and AI spending drove inflation to a 3-year high FortuneConsumer prices rose 3.8% annually in April, the highest since May 2023 CNBCUS inflation rose to 3.8% in April, eroding Americans' paychecks CNN
|
|
