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US consumer inflation expected to have surged in March amid Iran war

US consumer inflation expected to have surged in March amid Iran war

By Lucia Mutikani WASHINGTON, April 10 (Reuters) - U.S. consumer prices likely recorded their biggest increase in nearly four years in March as the war with Iran boosted oil prices and the pass-through from tariffs persisted, which would further diminish hopes for an interest rate cut this year.

Inflation may jump by most in nearly four years as gas prices spike in wake of Iran war

Inflation may jump by most in nearly four years as gas prices spike in wake of Iran war

Inflation probably rose to 3.4% in March compared with a year ago, economists estimate, which would be a sharp increase from February’s 2.4% increase

US Inflation Expected to Rise Amid Iran Conflict's Energy Shock

US Inflation Expected to Rise Amid Iran Conflict's Energy Shock

US Inflation Expected to Rise Amid Iran Conflict's Energy Shock

US weekly jobless claims rise, but remain at low levels

US weekly jobless claims rise, but remain at low levels

WASHINGTON, April 9 (Reuters) - New applications for U.S. unemployment benefits increased moderately last week, showing no signs of labor market deterioration, potentially giving the Federal Reserve room to keep interest rates unchanged as it monitors the economic fallout from the war with Iran.

US consumer prices surge as expected in March

US consumer prices surge as expected in March

By Lucia Mutikani WASHINGTON, April 10 (Reuters) - U.S. consumer prices increased by the most in nearly four years in March as the war with Iran boosted oil prices and the pass-through from tariffs persisted, further diminishing chances for an interest rate cut this year.

Iran Conflict Drives U.S. Inflation to Highest Levels in Two Years

Iran Conflict Drives U.S. Inflation to Highest Levels in Two Years

Iran Conflict Drives U.S. Inflation to Highest Levels in Two Years

US filings for jobless aid jump to 219,00 last week but remain within stable range of past few years

US filings for jobless aid jump to 219,00 last week but remain within stable range of past few years

U.S. applications for unemployment benefits rose last week before Iran, Israel and the U.S. announced a two-week ceasefire deal that injected a degree of optimism into a still-clouded global economic picture

Exclusive-Fed's Daly says oil shock means getting inflation down takes longer

Exclusive-Fed's Daly says oil shock means getting inflation down takes longer

By Ann Saphir April 10 (Reuters) - San Francisco Federal Reserve President Mary Daly said the U.S. economy is fundamentally solid, the labor market has steadied, and monetary policy is in a "good place" -- restrictive enough to put downward pressure on inflation without undercutting the labor market

Gas price spike pushes up inflation by most in four years in March

Gas price spike pushes up inflation by most in four years in March

The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, creating major challenges for the inflation-fighters at the Federal Reserve and heightening the political challenges of rising costs for the White House

Federal Reserve Faces Stagflationary Pressure Amid Iran Conflict

Federal Reserve Faces Stagflationary Pressure Amid Iran Conflict

Federal Reserve Faces Stagflationary Pressure Amid Iran Conflict

Fed minutes of March meeting could flesh out how policymakers view war risks to economy

Fed minutes of March meeting could flesh out how policymakers view war risks to economy

By Howard Schneider WASHINGTON, April 8 (Reuters) - U.S.

From falling U.S. wealth to Indian factory closures, oil shock raises global recession risk

From falling U.S. wealth to Indian factory closures, oil shock raises global recession risk

By Howard Schneider, Timothy Aeppel, Sarah McFarlane and Sumit Khanna SAN FRANCISCO/AHMEDABAD, India, April 7 (Reuters) - Kevin Kelly is in a tough spot.