For the first time in three years, Americans’ wages are no longer outpacing inflation. Prior to the late-February US-Israeli strikes on Iran, inflation had eased to 2.4%. It leaped higher in March, and now, the energy price shock from the Iran war is further compounding longstanding affordability concerns for Americans weighed down by years of fast-rising prices. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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