9/24/2026
Political Picture · congress

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

Filed by Deacon Rift
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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Deacon Rift
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Iran war likely to drive up inflation next year, CBO says — Political Picture