Higher inflation expectations could keep prices elevated despite a ceasefire, complicating the Fed’s path back to its 2% ...
When contending with years of budget-breaking inflation, there was at least one saving grace: For the past 34 months, the ...
Kristalina Georgieva, the head of the International Monetary Fund, said the war in the Middle East could lead to another bout ...
Americans kept spending in February even as prices rose, with the Iran war expected to push costs higher, new data showed ...
The core Personal Consumption Expenditures price index rose 3% over 12 months through February, remaining above the Federal Reserve's 2% target for nearly five years.
An energy shock stemming from the fighting has added a layer of complexity to the Federal Reserve’s decision-making around ...
A key measure of inflation stayed high in February, before the war in Iran spiked gas prices, a sign that everyday costs were ...
Fed's Beth Hammack warns interest rates could rise if inflation stays elevated, citing uncertainty over the Iran war's impact ...
The Iran crisis and the closure of the Strait of Hormuz threatened "the largest geopolitical oil supply disruption in history" and a U.S. energy crisis "between two and three times as large" as the ...
Chicago Fed's Austan Goolsbee warns of rising inflation and stagflation risks due to the Iran war and oil prices.
The current average mortgage rate on a 30-year fixed mortgage is 6.44% with an APR of 6.47%, according to the Mortgage ...
India’s central bank needs to weigh growth risks and inflation pressures from the Iran war as higher energy costs and supply ...