Fed’s preferred inflation gauge hits 3-year high as gas prices spiked on Iran war
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Source: New York Post
Published: 2026-05-01 02:47 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Middle East, Military & Defence, Iran, Energy, Economy & Finance, Financial Markets, Business & Economy, War & Conflict
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Snippet:
US inflation accelerated in March as the Iran war raised gasoline prices, bolstering financial market expectations that the Federal Reserve could keep interest rates unchanged well into next year.
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