Iran war likely to drive up inflation next year, CBO says

Politics The Hill By Filip Timotija 15 Sep 2026 20:08 1 min read
Iran war likely to drive up inflation next year, CBO says

The U.S. war against Iran is likely to drive up inflation early next year and could cost at least $2 billion a month as long as it continues, according to a new report from the nonpartisan Congressional Budget Office (CBO). The CBO estimated in its Tuesday report that the main economic impact of the conflict...

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