May inflation is expected to have jumped as the Iran war sent prices higher (opens in new tab)  📈Economics  Content type: News  Content type: Reference  3 articles covering this post

Consumers and U.S. workers are feeling the pinch of a wage growth rate that lags behind the rate of inflation. Inflation is likely to have increased for a third straight month in May as the war with Iran sent energy prices higher and ratcheted up pressure on U.S. consumers. Subscribe to read this …