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Coverage dated April 29, 2026

Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices

Headline from Philadelphia Inquirer

Rising gas prices have caused inflation to move further away from the Fed’s 2% target, which has caused the central bank to keep its key short-term interest rate unchanged.

Philadelphia Inquirer's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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5 articles, oldest first.

  1. Philadelphia Inquirer

    Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices (opens Philadelphia Inquirer)

    Published

    Philadelphia Inquirer's feed description

    Rising gas prices have caused inflation to move further away from the Fed’s 2% target, which has caused the central bank to keep its key short-term interest rate unchanged.

  2. CNN

    Fed’s key inflation gauge hits 3.5% as Iran war pushes up gas prices (opens CNN)

    Published

    CNN's feed description

    Fast-rising gas prices lifted the Federal Reserve’s preferred inflation gauge to 3.5% in March, its highest rate in almost three years, new data showed Thursday.

  3. New York Post

    Fed’s preferred inflation gauge hits 3-year high as gas prices spiked on Iran war (opens New York Post)

    Published

    New York Post's feed description

    US inflation accelerated in March as the Iran war raised gasoline prices, bolstering financial market expectations that the Federal Reserve could keep interest rates unchanged well into next year.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.