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Iran Ceasefire's Potential Impact on U.S. Economy and Consumer Spending

Iran Ceasefire's Potential Impact on U.S. Economy and Consumer Spending

Iran Ceasefire's Potential Impact on U.S. Economy and Consumer Spending

NZ central bank stands pat, treads cautiously as Iran war intensifies risks

NZ central bank stands pat, treads cautiously as Iran war intensifies risks

By Lucy Craymer WELLINGTON, April 8 (Reuters) - New Zealand's central bank kept its policy rate at 2.25% on Wednesday for a second straight meeting, choosing to sit tight as it gauges the economic fallout from the Middle East war - but signalling it is ready to act if inflation pressures intensify.

US pump prices to stay elevated despite US-Iran ceasefire deal, market observers say

US pump prices to stay elevated despite US-Iran ceasefire deal, market observers say

By Shariq Khan NEW YORK, April 8 (Reuters) - U.S. consumers will continue to pay high prices to fill up their vehicles or purchase airplane tickets through the peak summer travel season, several market experts said on Wednesday, even as wholesale fuel prices cooled after President Donald Trump

JPMorgan Analysis Warns of $5 Gas Prices if Strait of Hormuz Remains Closed

JPMorgan Analysis Warns of $5 Gas Prices if Strait of Hormuz Remains Closed

JPMorgan Analysis Warns of $5 Gas Prices if Strait of Hormuz Remains Closed

Iran Conflict and Tariffs Impact U.S. Import Volumes Amid Rising Fuel Costs

Iran Conflict and Tariffs Impact U.S. Import Volumes Amid Rising Fuel Costs

Iran Conflict and Tariffs Impact U.S. Import Volumes Amid Rising Fuel Costs

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.

Gas Prices Surge 38% Amid Ongoing Conflict with Iran, Impacting U.S. Consumers

Gas Prices Surge 38% Amid Ongoing Conflict with Iran, Impacting U.S. Consumers

Gas Prices Surge 38% Amid Ongoing Conflict with Iran, Impacting U.S. Consumers

Stopgap measures aren't enough to halt rising prices as the world scrambles for more oil

Stopgap measures aren't enough to halt rising prices as the world scrambles for more oil

Global leaders have been scrambling to contain the rising cost of oil and gasoline since the start of the Iran war

US core capital goods orders, shipments increase in February

US core capital goods orders, shipments increase in February

By Lucia Mutikani WASHINGTON, April 7(Reuters) - New orders for key U.S.-manufactured capital goods increased more than expected in February while shipments of those products rose solidly, suggesting business spending on equipment was on firmer footing before the war with Iran.

Gas Prices Surge 38% Amid Ongoing Conflict with Iran

Gas Prices Surge 38% Amid Ongoing Conflict with Iran

Gas prices in the United States have increased by 38% since the onset of the conflict with Iran, according to data from AAA. This significant rise in fuel costs is attributed to the geopolitical tensions affecting global oil supply chains. The conflict has disrupted oil production and distribution, leading to increased prices at the pump for American consumers. The situation highlights the vulnerability of energy markets to international conflicts and the direct impact such events can have on domestic fuel prices.

Iran War may boost inflation, but not expectations, per Dallas Fed research

Iran War may boost inflation, but not expectations, per Dallas Fed research

By Ann Saphir April 7 (Reuters) - An extended disruption of the world's oil trade from the Iran War could lift headline U.S. inflation to well over 4% by year-end, with even bigger increases possible in the short-term, fresh research from the Dallas Federal Reserve Bank suggests.