The U.S. annual inflation rate is the highest it’s been in three years—a clear consequence of President Trump’s widely unpopular very expensive war on Iran, which drags on even as he constantly claims that he’s close to a deal. The Bureau of Labor Statistics reported on Wednesday that the consumer price index rose 0.5 percent last month, with energy costs accounting for 60 percent of that increase. The annual inflation rate at 4.2 percent—the highest since April 2023. “Americans are getting s...

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