Inflation rose to 3.5% in March in Fed’s preferred gauge because of Iran war fallout

Inflation jumped seven tenths of a percentage point to 3.5% for the year ending in March in the personal consumption expenditures index, the Bureau of Labor Statistics reported Thursday. The surge in energy prices from the conflict with Iran drove much of the increase in headline inflation.
Bloomberg L.P.

India to See Limited Inflation Fallout From Oil, Government Adviser Says

India’s top government adviser said rising oil prices are likely to have a limited impact on inflation for now and Asia’s third-largest economy remains in a relatively favorable position to weather global risks. While high oil prices due to the ongoing ...
Hosted on MSN

Stock Market Drops Amid Trump Tariff Fallout; Pivotal Inflation Data Next

The major stock indexes closed lower Thursday, as the stock market dealt with the fallout of President Donald Trump's latest round of tariffs. Up next, Wall Street is braced for Friday's critical inflation data. Blue chips on the Dow Jones Industrial ...
The Baltimore Sun

Iran fallout could complicate the Fed’s path as inflation risks rise again

Higher oil prices that are likely to linger after the war in Iran are throwing a new hurdle in front of the Federal Reserve, raising the risk of a fresh wave of inflation as the labor market has sputtered. Oil prices have surged to more than $110 a barrel ...
Transport Topics

IMF Expects Higher Inflation on Iran War Fallout

[Stay on top of transportation news: Get TTNews in your inbox.] WASHINGTON — The Iran war has stalled the world's economic momentum this year, likely pushing growth lower compared to 2025, the International Monetary Fund warned April 14. The IMF ...

Turkish monthly inflation surges to 4.18% amid war fallout

Turkish monthly inflation surged to 4.18% in April and 32.37% on the year, ‌official data showed on Monday, exceeding forecasts as fallout from the Iran war continued to test the central bank's patient policy stance.
The Guardian

Chalmers says Iran war will raise inflation and unemployment, warning fallout of conflict could be ‘severe’

End of war ‘can’t come soon enough’, treasurer says, as inflation expected to rise above 5% in Australia with global supply chains buffeted Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news ...

Citing Fallout From the Iran War, IMF Cuts the Outlook for Global Growth, Expects Higher Inflation

The Iran war has stalled the world’s economic momentum this year, likely pushing growth lower compared to 2025, the International Monetary Fund warned Tuesday

Turkey central bank holds rates at 37% as it eyes Iran war fallout

By Ezgi Erkoyun and Ece Toksabay ISTANBUL, April 22 (Reuters) - Turkey's central bank held its key interest rate at 37% as expected on Wednesday, deciding not to hike but warning that fallout from the Iran war could yet change the inflation outlook.