BBC News

US inflation jumps to highest level in almost two years

Guardian

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

EricLDaugh

Consumer sentiment plummets to record low as Iran war jacks up inflation

XINHUA

U.S. consumer sentiment plunges to record low in April

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Substack

How worrying is the US inflation picture?

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Bloomberg

Us Consumer Sentiment Drops To Record Low On Inflation Concerns

CPI report: US inflation tripled last month on record spike in gas prices

The Globe and Mail

U.S. consumer sentiment dives to a record low in April amid Iran war

Financial Post

U.S. inflation surges the most since 2022 on skyrocketing gas prices

Tradingeconomics

Consumer Confidence

Fox Business

Inflation surged in March as Iran war's energy impact hit consumers

New York Post

Inflation soars to hottest levels in two years as war in Iran drives gasoline prices higher

Inflation surges to highest level in nearly 2 years as energy costs spike

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Us Inflation Jumped To 33 In March The Highest Level In Two Years Driven By The War In Iran.Html

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Global Times

"China's nominal gross domestic product is unlikely to surpass that of the U.S. in the next few decades."

"This idea of China becoming the world's biggest economy may not happen, actually."

"China probably won't ever overtake the US economy on a sustained basis."

"The likelihood of the prediction that China's GDP will one day overtake that of the U.S. is declining."

"China is forecast to overtake the U.S. as the world’s largest economy by around 2035."

"China will overtake the US as the world's top economy in about 2035 with a high probability."

"[T]he size of China's economy in USD terms will overtake the US in 2028."

"China will overtake the United States to become the world's biggest economy in 2028."

Will China's GDP Overtake the US, And If So When?

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Israel Atomic Energy Commission

"If it [the stockpile of enriched uranium] is intact and Iran is able to keep it that way, they could potentially use it in a new covert enrichment facility to produce material for several nuclear weapons in a matter of months."

"I can say to the American people with great confidence that they [Iranians] are much further away from a nuclear program today than they were 24 hours ago."

"Our nuclear installations have been badly damaged, that's for sure."

"Israel's and U.S. attacks have effectively destroyed Iran's centrifuge enrichment program."

"The American strikes on Iran's nuclear facilities, combined with Israeli strikes on other elements of Iran's military nuclear program, has set back Iran's ability to develop nuclear weapons by many years."

"Iran's key nuclear enrichment facilities have been completely and totally obliterated."

Have US Strikes Set Back Iran's Nuclear Program?

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“A collapse appears unlikely for now.”

"The collapse of the Iranian government remains unlikely in the near term."

"Our core assumption is that the regime will survive as long as its leaders and security forces retain the ability and willingness to suppress domestic unrest."

It's "unclear if the demonstrations would unseat the leadership, pointing to the sheer depth and resilience of Iran's repressive apparatus."

"It's going to take a few different ingredients for the regime to fall," including "defections in the security services and cracks in the Islamic republic's political elite."

"What this heralds for the Islamic Republic in the near term is neither revolution nor collapse, but rather a slow-motion metastasis that is echoing across the political establishment, the economy, and society."

"Change now looks inevitable; regime collapse is possible but not guaranteed."

"If the regime does not fall this year, it may nonetheless enter a phase of irreversible weakening—one in which future shocks could prove far more difficult to absorb."

"The regime's chances of survival have reached a critical low, and its strategy of perseverance through coercion is being tested by a population that has largely lost faith in the state's ability to govern."

"The plain fact is that the Khamenei regime’s days are numbered."

Will the Current Iranian Government Collapse?

The U.S. Consumer Price Index CPI) rose 3.3% in the 12 months through March 2026, up from 2.4% in February, marking the highest annual inflation rate since May 2024, according to the Bureau of Labor Statistics.

The U.S. Consumer Price Index CPI) rose 3.3% in the 12 months through March 2026, up from 2.4% in February, marking the highest annual inflation rate since May 2024, according to the Bureau of Labor Statistics.

Energy prices increased10.9% in March, with gasoline rising 21.2% — the largest monthly increase since the series was first published in 1967 — and fuel oil climbing 30.7%, the biggest jump since February 2000. Higher gas prices accounted for nearly three-quarters of the overall monthly CPI increase.

Energy prices increased10.9% in March, with gasoline rising 21.2% — the largest monthly increase since the series was first published in 1967 — and fuel oil climbing 30.7%, the biggest jump since February 2000. Higher gas prices accounted for nearly three-quarters of the overall monthly CPI increase.

Food prices were flat in March, with grocery costs falling 0.2% while dining out rose 0.2%. Economists have warned that higher diesel and fertilizer costs linked to <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.verity.news/story/2026/opec-boosts-output-as-oil-hits-amid-hormuz-crisis">disruptions at the Strait of Hormuz</a> are expected to push food prices higher within months.

Food prices were flat in March, with grocery costs falling 0.2% while dining out rose 0.2%. Economists have warned that higher diesel and fertilizer costs linked to disruptions at the Strait of Hormuz are expected to push food prices higher within months.

Core CPI, which excludes food and energy, rose 2.6% annually and 0.2% monthly in March — slightly below economist forecasts of 2.7% and 0.3%, respectively. Analysts noted that legal services and a dip in medical care commodities helped keep the core figure lower than expected.

Core CPI, which excludes food and energy, rose 2.6% annually and 0.2% monthly in March — slightly below economist forecasts of 2.7% and 0.3%, respectively. Analysts noted that legal services and a dip in medical care commodities helped keep the core figure lower than expected.

The University of Michigan's Consumer Sentiment Index, tracked since 1952, fell to a record low of 47.6 in early April 2026, down from 53.3 in March, with one-year inflation expectations jumping to 4.8% from 3.8%. Nearly all survey responses were collected before <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.verity.news/story/2026/usiran-twoweek-ceasefire-shakes-oil-markets">a ceasefire announcement in the U.S.-Iran conflict</a>.

The University of Michigan's Consumer Sentiment Index, tracked since 1952, fell to a record low of 47.6 in early April 2026, down from 53.3 in March, with one-year inflation expectations jumping to 4.8% from 3.8%. Nearly all survey responses were collected before a ceasefire announcement in the U.S.-Iran conflict.

White House spokesman Kush Desai said the economy "remains on a solid trajectory" due to "tax cuts, deregulation, and energy abundance," while Federal Reserve officials, including Chicago Fed President Austan Goolsbee, cautioned that prolonged inflation above the Fed's 2% target risks becoming entrenched.

White House spokesman Kush Desai said the economy "remains on a solid trajectory" due to "tax cuts, deregulation, and energy abundance," while Federal Reserve officials, including Chicago Fed President Austan Goolsbee, cautioned that prolonged inflation above the Fed's 2% target risks becoming entrenched.

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Food prices were flat in March, with grocery costs falling 0.2% while dining out rose 0.2%. Economists have warned that higher diesel and fertilizer costs linked to disruptions at the Strait of Hormuz are expected to push food prices higher within months.

Core CPI, which excludes food and energy, rose 2.6% annually and 0.2% monthly in March — slightly below economist forecasts of 2.7% and 0.3%, respectively. According to some analysts, legal services and a dip in medical care commodities helped keep the core figure lower than expected.

Core CPI, which excludes food and energy, rose 2.6% annually and 0.2% monthly in March — slightly below economist forecasts of 2.7% and 0.3%, respectively. According to some analysts, legal services and a dip in medical care commodities helped keep the core figure lower than expected.

The University of Michigan's Consumer Sentiment Index fell to a record low of 47.6 in early April 2026, down from 53.3 in March, with one-year inflation expectations jumping to 4.8% from 3.8%. Nearly all survey responses were collected before a ceasefire announcement in the U.S.-Iran conflict.

The University of Michigan's Consumer Sentiment Index fell to a record low of 47.6 in early April 2026, down from 53.3 in March, with one-year inflation expectations jumping to 4.8% from 3.8%. Nearly all survey responses were collected before a ceasefire announcement in the U.S.-Iran conflict.

The Iran war is hammering American wallets hard — gas prices shot up 21.2% in a single month, the biggest spike since records began in 1967, and overall inflation hit 3.3% annually. Consumer confidence has cratered to its lowest level ever recorded, worse than the Great Recession or the pandemic. This economic pain is a direct consequence of the conflict, and the next CPI report is only going to look uglier.

The Iran war is hammering American wallets hard — gas prices shot up 21.2% in a single month, the biggest spike since records began in 1967, and overall inflation hit 3.3% annually. Consumer confidence has cratered to its lowest level ever recorded, worse than the Great Recession or the pandemic. This economic pain is a direct consequence of the conflict, and the next CPI report is only going to look uglier.

Faisal Islam

Underlying inflation was already tame before Gulf hostilities began — the big tariff shock of the past year never caused runaway prices, proving the economy's inflation foundation is solid. Start-of-year seasonal quirks are making numbers look scarier than reality, and core services inflation remains genuinely subdued. There's simply no compelling evidence that inflation is about to spiral out of control.

Underlying inflation was already tame before Gulf hostilities began — the big tariff shock of the past year never caused runaway prices, proving the economy's inflation foundation is solid. Start-of-year seasonal quirks are making numbers look scarier than reality, and core services inflation remains genuinely subdued. There's simply no compelling evidence that inflation is about to spiral out of control.

Robin Brooks

The 2025-2026 Iran Protests

Abundance

The US-Iran Conflict

U.S. Inflation Hits 3.3%, Gas Prices Surge to Record

Economic conditions & trends

United States of America

The Iran war is hammering American wallets hard. Gas prices shot up 21.2% in a single month, the biggest spike since records began in 1967, and overall inflation hit 3.3% annually. Consumer confidence has cratered to its lowest level ever recorded, worse than the Great Recession or the pandemic. This economic pain is a direct consequence of the conflict, and the next CPI report is only going to look uglier.

The Iran war is hammering American wallets hard. Gas prices shot up 21.2% in a single month, the biggest spike since records began in 1967, and overall inflation hit 3.3% annually. Consumer confidence has cratered to its lowest level ever recorded, worse than the Great Recession or the pandemic. This economic pain is a direct consequence of the conflict, and the next CPI report is only going to look uglier.

Underlying inflation was already tame before Gulf hostilities began. The big tariff shock of the past year never caused runaway prices, proving the economy's inflation foundation is solid. Start-of-year seasonal quirks are making numbers look scarier than reality, and core services inflation remains genuinely subdued. There's simply no compelling evidence that inflation is about to spiral out of control.

Underlying inflation was already tame before Gulf hostilities began. The big tariff shock of the past year never caused runaway prices, proving the economy's inflation foundation is solid. Start-of-year seasonal quirks are making numbers look scarier than reality, and core services inflation remains genuinely subdued. There's simply no compelling evidence that inflation is about to spiral out of control.

U.S. Inflation Hits 3.3%

U.S. Inflation Hits 3.3%, Gas Prices Surge to Record%

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