US consumer inflation unchanged but price shocks from Iran war loom

US consumer inflation unchanged but price shocks from Iran war loom

US inflation held steady at 2.4 per cent in February, with the White House expecting war-related price shocks to be “temporary.”

The US-Israel war on Iran has roiled global oil markets, with traffic through the key Strait of Hormuz almost at a standstill and strikes hitting oil facilities across the region.That pressure is sho… [+1058 chars]
US consumer inflation unchanged but price shocks from Iran war loom - FHMnews