Fed’s preferred inflation gauge show prices increased even before Iran war began
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Source: New York Post
Published: 2026-03-14 03:14 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Middle East, Military & Defence, Iran, Energy, Economy & Finance, Business & Economy, War & Conflict
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Snippet:
An inflation gauge closely monitored by the Federal Reserve moved higher in January in the latest sign that prices were persistently elevated even before the Iran war caused spikes in oil and gas costs.
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