Inflation probably rose to 3.4% in March compared with a year ago, economists estimate, which would be a sharp increase from February’s 2.4% increase.

US stock futures hit pause on Friday as investors waited for weekend talks that could cement the shaky Iran war ceasefire, with a war-tinged update on US consumer inflation on deck. Peace talks are slated to occur this weekend following senior White House officials calling Netanyahu on Wednesday,

Inflation was already rising again before the Iran war, but the surge in oil prices is ready to deliver the biggest increase in consumer prices in almost four years. Just how bad can inflation get?

WASHINGTON, April 9 (Reuters) - U.S. inflation increased as expected in February and likely rose further in March amid the war with Iran, a trend that is expected to discourage the Federal Reserve from cutting interest rates for a while.

The federal government delivers a cost-of-living report Friday. A spike in gasoline prices triggered by the war with Iran is expected to push inflation to its highest level in nearly two years.

Economists are expecting a jump in inflation when this month’s Consumer Price Index report lands on Friday — possibly the biggest spike in two years.

Colombian inflation accelerated more than expected to its fastest pace since 2024, boosting the likelihood that the central bank will continue raising interest rates this month.