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A key inflation gauge jumps in March as Iran war-driven gas prices squeeze budgets
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A key inflation gauge jumps in March as Iran war-driven gas prices squeeze budgets

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A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve.

WASHINGTON (AP) — A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve. An inflation gauge monitored by the Fed ros... [3035 chars]

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Source: AP News

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