Coverage dated October 12, 2026 to October 13, 2026
Iran war costing US households average of $2K each: Moody's
Headline from The Hill
The war in Iran has cost the average American household $2,000 so far, according to estimates shared Monday by Mark Zandi, chief economist at Moody’s Analytics. “Consider that the war’s costs taken together have absorbed about half the average American household’s income gain over the past eight mon…
The Hill's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
By Matt Egan, CNN New York (CNN) — The deeply unpopular war in the Middle East continues to deliver economic shockwaves through Main Street America. From $4 gas and 7% mortgage rates to surging airfares, the Iran war is significantly raising the cost of living for inflation-weary consumers ahead of …
The war in Iran has cost the average American household $2,000 so far, according to estimates shared Monday by Mark Zandi, chief economist at Moody’s Analytics. “Consider that the war’s costs taken together have absorbed about half the average American household’s income gain over the past eight mon…