Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices - AP News
business 2026/04/30 12:37:00

Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices - AP News

Source:Associated Press
Author:Christopher Rugaber

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. The Commerce Department said Thursday an inflation gauge monitored by …