US Inflation Set for Another Sharp Jump as US-Iran Conflict Lifts Oil Prices

April US CPI data is forecast to show inflation jumping to 3.7%, the highest since September 2023, as Oil prices surge.
CNN

Wage gains have outpaced inflation for nearly three years. The war could quickly change that

When contending with years of budget-breaking inflation, there was at least one saving grace: For the past 34 months, the average wage was growing faster than prices were. When the Consumer Price ...
CNN

US inflation tripled last month on record spike in gas prices

• Inflation spikes: The war with Iran drove up monthly US inflation threefold in March, according to the latest Consumer Price Index report, released this morning. • The numbers: The annual rate of ...
KEYT

US inflation rose to 3.8% in April, eroding Americans’ paychecks

(CNN) — For the first time in three years, Americans’ wages are no longer outpacing inflation. Prices rose 0.6% on a monthly basis, driving the annual rate to 3.8%, the highest since May 2023, ...