Trump causes inflation to surge in March CPI report

[Cypress]

U.S. inflation surged in March as the energy shock stemming from the war in Iran rippled across the economy.

The Consumer Price Index report showed that inflation jumped to 3.3 percent compared to the same time last year, almost a full percentage point increase from February’s annual pace. Overall prices rose 0.9 percent over the course of March, the highest monthly gain since the peak of the post-pandemic inflation crisis in June 2022.

CPI Report Live Updates: Inflation Surges as the Effects of Iran War Show in Prices

The Consumer Price Index jumped 3.3 percent in the year through March, a two-year high, reflecting higher costs for energy and goods affected by disruptions in the Middle East.

www.nytimes.com

 

[Cypress]

Soaring gas prices lead to biggest monthly inflation spike in four years​

Soaring gas prices lead to biggest monthly inflation spike in four years in March

The gas price shock stemming from the Iran war has shifted inflation’s trajectory, from a slow, gradual decline to a sharp increase further away from the Fed’s 2% target.

www.adn.com

 

[Walt]

So much for alt right predictions that inflation would no longer be a problem.

 

[Cypress]

US Consumer Sentiment Drops to Record Low on Price Concerns​

https://www.bloomberg.com/news/articles/2026-04-10/us-consumer-sentiment-drops-to-record-low-on-inflation-concerns