https://www.live-feeds.com/feed/inflation-accelerated-in-may-as-iran-war-pushed-up-pricesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/inflation-accelerated-in-may-as-iran-war-pushed-up-priceshttps://www.live-feeds.com/feed/inflation-accelerated-in-may-as-iran-war-pushed-up-prices#u26822Thu, 30 Jul 2026 03:10:34 +0000Inflation rose to 4.2% annually in May, the fastest pace in over three years, driven by the conflict in Iran. Consumers continue to shop, but wage growth lags behind price increases. Americans' confidence in the US economy has fallen due to rising gas prices.What's confirmed:Inflation rose to a 4.2% annual rate in May.The conflict in Iran drove up energy prices.Americans' confidence in the US economy fell this month as gas prices resumed their climb after the U.S. and Iran stepped up their fighting.The Federal Reserve held rates steady in the 3.50% to 3.75% range. https://www.live-feeds.com/feed/inflation-accelerated-in-may-as-iran-war-pushed-up-priceshttps://www.live-feeds.com/feed/inflation-accelerated-in-may-as-iran-war-pushed-up-prices#u20886Thu, 02 Jul 2026 03:11:28 +0000Inflation rose to a 4.2% annual rate in May as the conflict in Iran drove up energy prices. This represents the fastest pace of inflation in over three years. While consumers continue to shop, wage growth is currently lagging behind these price increases.What's confirmed:The Consumer Price Index rose at a 4.2% annual rate in May.The core inflation rate reached 3.4% in May, the highest level since October 2023.Inflation reached its highest level in more than three years in May.The war in Iran pushed up energy prices and contributed to accelerated inflation.Still unconfirmed:Price pressures from