Iran war projected to push US inflation up 0.5% in first quarter of 2027
NBC News, citing a Congressional Budget Office report, says the war is driving up inflation and borrowing costs may increase for Americans.
TLDR
Al Jazeera, citing the Congressional Budget Office, reports that the Iran war is expected to push US inflation up 0.5% in the first three months of 2027. NBC News, also citing the CBO, says the war is driving up inflation and that Americans’ borrowing costs may increase.
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