Economic policymakers are about to gather in Washington to assess the damage President Trump’s war on Iran has caused.
Learn about purchasing power, its effect on currency value, and how inflation influences what one unit of money can buy.
The federal government delivered a cost-of-living report Friday. A spike in gasoline prices triggered by the war with Iran contributed to inflation reaching its highest level in nearly two years.
Inflation rose at an annual rate of 3.3% in March, driven by the sharpest monthly increase in gas prices since 1967.
Inflation surged to its highest level in nearly two years in March as the headline Consumer Price Index reached 3.3% ...
Americans' outlook on the economy sank to a new low this month, according to consumer sentiment survey results released ...
Concern about inflationary harm from the Iran war flared across all demographic groups — by age, income and political affiliation.
Consumer confidence plunged to a record low on Friday as the economic fallout from the war in Iran continued. The ...
The reading, the first major inflation report since the Iran war began, came in at its hottest level in two years.
The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March. It’s the first read on ...
Consumer prices increased by 0.9% last month due to spiraling energy costs from the US-Israeli attack on Iran.
President Donald Trump and the Iran war are being blamed as consumer sentiment plummeted to a new low, CNBC reports. The ...
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