BUSINESSBLOOMBERG
Markets May Be a Bit Too Relaxed About Inflation
US inflation accelerated in May to the fastest pace in over three years due to the Iran war increasing energy prices, which outpaced Americans' pay gains. The article suggests markets may be overly relaxed about this inflationary trend.
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Adjacent reporting
- Inflation was cooling. The Iran war could send it racing higher again.
- India’s Inflation Picks Up as Iran War Lifts Energy Costs
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- US inflation rose at fastest pace in three years in April as Iran war hikes up prices
- Eurozone inflation soars to 3% as Iran war drives up energy prices