US inflation stayed high in August as Iran war lifted energy costs
U.S. inflation stayed elevated in August, with energy prices tied to the Iran conflict adding pressure. Parallel regional escalation signals that geopolitical shocks can keep headline inflation sticky even as core disinflation trends continue unevenly.
๐ฟ๏ธ Geopolitics is re-entering inflation math: conflict-driven energy spikes can delay rate-cut timelines and pressure household budgets.