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Inflation heats up again, days before midterm elections

Rising gas prices drove much of the inflation increase as renewed violence in the Middle East has kept oil prices above $100 a barrel, up from below $70 before the Iran war. But prices also rose outside of fuel costs.

Inflation heats up again, data shows, days before midterm elections where cost of living dominates

29 October 2026 at 14:22
An inflation gauge closely monitored by the Federal Reserve accelerated last month, a sign prices remain elevated less than a week from midterm elections that have focused on affordability concerns

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