Inflation surges, gas soars—but American consumers are barely flinching
- Posted on May 4, 2026
- By Los Angeles Times
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- 1 min read
Inflation surges, gas soars—but American consumers are barely flinching
A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve
