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Inflation was getting worse before Iran war. New PCE price increases show how much.

By Market Watch April 09, 2026 Bearish
Inflation was getting worse before Iran war. New PCE price increases show how much.
Shortly before the Iran war, a key measure of U.S. inflation rose at an excessive pace for the third month in a row, underscoring the latest challenge to the Federal Reserve in trying to squelch stubborn price pressures.
Shortly before the Iran war, a key measure of U.S. inflation rose at an excessive pace for the third month in a row, underscoring the latest challenge to the Federal Reserve in trying to squelch stubborn price pressures.