Inflation hits milestone not seen since 2023
As the United States navigates a fragile ceasefire in its conflict with Iran, the price of oil has remained volatile and high. Brent crude, the international benchmark, was trading at $104.21 per barrel at market close on Monday, nearly 57% higher than its pre-conflict price. Inflation has risen as a result and is in a territory it hasn’t been since 2023, according to an analysis by NBC News.On Tuesday morning, the Bureau of Labor Statistics released its monthly Consumer Price Index update for A...
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