Iran War Inflation Likely To Stick Even After Ceasefire, Economists Say

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Economists are warning that inflation caused by the U.S.-Iran war will persist even after a ceasefire. U.S. inflation jumped to 3.3% in March due to surging fuel costs, exacerbated by Iran’s closure of the Strait of Hormuz. The IMF and OECD have raised their inflation forecasts, and companies like PepsiCo anticipate consumer price increases, with lingering uncertainty over energy costs expected through 2027.

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