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Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices
April 30, 2026
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Posted 2 hours ago by
A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve. The Commerce Department said Thursday an inflation gauge monitored by the Fed rose 0.7 in March from Februa...
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