Wage gains have outpaced inflation for nearly three years. The war could quickly change that

When contending with years of budget-breaking inflation, there was at least one saving grace: For the past 34 months, the ...

Inflation stayed stubbornly high heading into the Iran war, Fed’s preferred gauge shows

Americans kept spending in February even as prices rose, with the Iran war expected to push costs higher, new data showed ...

Fed Chair Powell: I’ll stay at the Fed until Jeanine Pirro’s probe is ‘well and truly over’

Fed officials didn’t make any rate moves at their March meeting and released an updated forecast for the path of the American ...
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Mortgage rates climb to highest level in more than 3 months as Iran war reignites inflation fears

(CNN) — The war in Iran is driving up the cost of buying a home in America. The average 30-year fixed mortgage rate rose to 6.22% this week, up from 6.11% the week before. It’s the highest level since ...
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7 ways to protect your money from potentially higher inflation and unemployment

(CNN) — The Federal Reserve’s decision Wednesday to leave its key overnight lending rate unchanged for the second time this year was expected. But in addition to a disappointing February jobs report ...