UK Inflation Holds at 2.8% Despite Iran War Energy Shock
UK inflation stayed at 2.8% in May as cheaper food offset a 25% jump in fuel prices, easing fears of rate rises before the Bank of England meets.
BusinessUS Inflation Hits 3-Year High on Energy Surge
US inflation climbed to a three-year high of 4.2% as energy prices surged amid the Iran conflict. Trump's response: 'I love the inflation.'