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U.S. Inflation May Hit 4.2% This Year Due To Oil Price Surge From Iran War, OECD Warns

By Forbes March 26, 2026 Bearish
U.S. Inflation May Hit 4.2% This Year Due To Oil Price Surge From Iran War, OECD Warns
“In the United States, the impact of higher energy prices on inflation will more than offset the effect from the decline in effective tariff rates on imports, especially given that the initial tariff rate increases from the first half of 2025 have only been partially passed through to consumer prices,” the report said.
“In the United States, the impact of higher energy prices on inflation will more than offset the effect from the decline in effective tariff rates on imports, especially given that the initial tariff rate increases from the first half of 2025 have only been partially passed through to consumer prices,” the report said.