US inflation soars in March as war on Iran drives economy into uncertainty

Prices were up 3.3% over the year, adding to the unpredictability that first came with Trump’s tariffs US inflation soared in March amid the US-Israel war with Iran, with prices up 0.9% compared to last month and 3.3% over the year, according to new data released Friday.The spike in the consumer price index (CPI), which measures the price of a basket of goods and services, is the largest in nearly two years and the first official measure of how the conflict has impacted US consumer prices, parti...