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Originally published by Capital Business
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business
March 11, 2026
14h ago

US inflation stable ahead of Iran shock

US inflation stable ahead of Iran shock

Consumer prices rose 2.4% over the 12 months to February, the same pace as the prior month, as rising food and housing costs were offset by falling prices for other items, such as used cars. Kenya breaking news | Kenya news today |..

✨ Key Highlights

US inflation remained stable at 2.4% in February, a figure recorded before the impact of the US and Israel war in Iran on energy prices.

  • Consumer prices rose 2.4% over the 12 months to February.
  • Key players include the US central bank, the Federal Reserve, and analysts from Principal Asset Management.
  • The conflict has already driven the average cost of a gallon of car fuel past $3.50, with analysts predicting inflation could exceed 3%.

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