Iran conflict could leave a lasting inflation drag on the US economy

1 min read
Source: Financial Times
Iran conflict could leave a lasting inflation drag on the US economy
Photo: Financial Times
TL;DR Summary

Economists warn that the Iran war is triggering a durable US inflation shock, with higher fuel costs likely to seep into other prices and persist even if a ceasefire holds, potentially keeping inflation elevated into 2026 and weighing on consumers and politics ahead of the midterm elections.

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