Households warned Iran war could drive inflation to 5 per cent and spark fresh cost of living crisis

After the price of oil soared towards $120 a barrel, ING and RSM UK warned inflation could jump to well over double the Bank ...

Bank of England Hit by 5% Inflation Risk From War in Iran

The Bank of England faces the prospect of UK inflation rebounding to 5%, with traders ramping up bets on a reversal of recent cuts to interest rates.
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Inflation hits near 5-year low, but Americans still face high costs despite cooling prices

A key measure of inflation cooled sharply in January, signaling continued progress in the fight against rising prices. The annual inflation rate dropped to 2.4%, down from 2.7% in December and ...