Consumer prices in March rose at their fastest annual rate in two years, thanks to Iran war sending gasoline prices above $4 a gallon. And that has severely eaten into U.S. paychecks

Consumer prices in March rose at their fastest annual rate in two years, thanks to Iran war sending gasoline prices above $4 a gallon. And that has severely eaten into U.S. paychecks

The Wall Street Journal April 11, 2026

The gas pump is eating into U.S. paychecks, especially for rank-and-file workers.