Inflation was cooling. Now the Iran war could push it back to 2024 levels.
Inflatie
The war on inflation could be in for a major setback due to the Iran war. The Consumer Price Index this week is expected to show March prices rose at a 3.3% annual pace, the average of six separate forecasts reviewed by CBS News. That would mark the highest inflation rate since May 2024 and an almost 1 percentage-point jump from February. The CPI report will be released at 8:30 a.m. ET on Friday. "The impact of the war on energy prices will push headline CPI inflation well above 3% in March
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