Inflation heated up in April to the hottest level in three years as the Iran war drove energy prices higher, and started to filter through the economy – likely keeping the Fed on hold when it comes to interest rates.
Introduction
Inflation heated up in April to the hottest level in three years as the Iran war drove energy prices higher, and started to filter through the economy – likely keeping the Fed on hold when it comes to interest rates.
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Read more: Inflation surges to hottest level in nearly three years as Iran war raises prices