Worst of US Inflation May Be Over If Iran Peace Deal Sticks (opens original article in a new tab)

The US-Iran peace deal may signal the peak of war-driven inflation, but recovery remains uncertain with ongoing challenges in shipping and gas prices.

• The US-Iran peace deal, if sustained, may indicate the peak of war-driven inflation has passed.
• Economists note that while inflation may decline, recovery in shipping and gas prices will take time.
• Consumer spending remains resilient but is constrained by inflation outpacing wage growth.