https://www.live-feeds.com/feed/key-inflation-gauge-remains-elevated-during-iran-conflict-and-ongoing-us-trade-fightsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/key-inflation-gauge-remains-elevated-during-iran-conflict-and-ongoing-us-trade-fightshttps://www.live-feeds.com/feed/key-inflation-gauge-remains-elevated-during-iran-conflict-and-ongoing-us-trade-fights#u49631Thu, 27 Aug 2026 06:05:07 +0000The Federal Reserve's preferred inflation gauge shows core prices rose 3.3% annually in July. Inflation remains elevated as energy costs drive prices higher during a war with Iran and ongoing US trade conflicts. While prices continue to climb, consumer spending is cooling and stalling as the cost of living weighs on Americans. This creates a tension between persistent price pressures and a slowdown in domestic consumption.Why it mattersThe Federal Reserve monitors this specific gauge to determine interest rate policy. Persistent inflation during geopolitical instability complicates effort