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Inflation may hit a three-year high as gasoline rises

Filed: May 11, 2026 at 2:03 PM ET
Summary: Gasoline price surges tied to the Iran war are expected to push U.S. inflation to a three-year high.
WHO: U.S. inflation forecasters
WHAT: Forecast that U.S. inflation will rise to a three-year high due to higher gasoline prices
WHEN: May 11, 2026 at 1:00 PM ET
WHERE: USA
WHY: Gasoline prices are surging due to the Iran war.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
📋 This story has 3 earlier reports
🔍 20 sources analyzed

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