Inflation Is Heating Up — And Gas Prices Could Get Worse

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Tuesday, May 12, 2026

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Inflation is climbing again, driven by surging energy costs, rising food prices, and growing concerns over the Middle East conflict. This breakdown covers why gasoline inventories are shrinking, why the Fed may be stuck with higher rates, and how Trump’s upcoming China trip could reshape trade, tech, and the U.S. economy. From exploding beef prices to fears of a prolonged Iran crisis, the economic pressure is starting to hit consumers hard.

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