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News in English (USA) / 12.05.2026 / 18:00

US Inflation Hits Highest Level in Nearly Three Years Amid Iran War

US inflation accelerated to 3.8% in April, the highest rate since 2023, driven primarily by surging energy costs linked to the ongoing conflict in Iran. The Consumer Price Index (CPI) report revealed a broad increase in consumer prices, with gasoline, rent, and food becoming significantly more expensive for Americans. This surge in inflation is causing frustration among voters and poses political challenges for the current administration. As economic pressures mount, discussions about potential interest rate adjustments by the Federal Reserve are intensifying.
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