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strikeJun 3, 2026

US Fed says war driving 'moderate-to-strong' inflation

Summary

Prices in the United States grew at a "moderate to strong pace" in recent weeks, largely driven by surging energy costs caused by the Iran war, the US Federal Reserve said on Wednesday.

Source: CurrentsAPI — Read the full report

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Sources

  • CurrentsAPI

    Prices in the United States grew at a "moderate to strong pace" in recent weeks, largely driven by surging energy costs caused by the Iran war, the US Federal Reserve said on Wednesday. "Districts noted that energy-related costs tied to the conflict in the Middle East were the pr…

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