US Fed says Iran war driving ‘moderate-to-strong’ inflation
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US Fed says Iran war driving ‘moderate-to-strong’ inflation
The Fed’s preferred inflation measure rose in April by its highest year-on-year rate since 2023. (EPA Images pic) WASHINGTON: Prices in the US grew at a “moderate to strong pace” in recent weeks, largely driven by surging energy costs caused by the Iran war, the Federal Reserve said Wednesday. “Dis»»»
US Fed says Iran war driving ‘moderate-to-strong’ inflation
WASHINGTON - Prices in the United States grew at a “moderate to strong pace” in recent weeks, largely driven by surging energy costs caused by the Iran war, the Federal Reserve said June 3. “Districts noted that energy-related costs tied to the conflict in the Middle East were the primary driver of»»»
US Fed says Iran war driving 'moderate-to-strong' inflation
Prices in the United States grew at a "moderate to strong pace" in recent weeks, largely driven by surging energy costs caused by the Iran war, the Federal Reserve said Wednesday. "Districts noted that energy-related costs tied to the conflict in the Middle East were the primary driver of inflation»»»
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