Inflation is roaring back globally, 2022 style. The Iran war is only half the problem
via fortune.com
Short excerpt below. Read at the original source.
The specter of higher-than-2% inflation has loomed over the economy since the pandemic. But just as it seemed like the Fed had clawed its way out of unpopular rate hikes, a war with Iran has dragged it right back in. Producer prices climbed 6.5% over the past year, the Bureau of Labor Statistics reported Thursday, […]