--- title: "Economists Predict Iran Conflict to Push U.S. Inflation Above 3% and Impact Jobs and Growth" type: "News" locale: "en" url: "https://longbridge.com/en/news/280782132.md" description: "Economists expect U.S. inflation to rise to 3.1% by the end of the year as the conflict in Iran drives up fuel costs, higher than the previous estimate of 2.6%. Additionally, forecasts for consumption, growth, and employment have been revised downward. The core measure, excluding food and energy, is also expected to rise more than previously anticipated" datetime: "2026-03-27T11:32:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280782132.md) - [en](https://longbridge.com/en/news/280782132.md) - [zh-HK](https://longbridge.com/zh-HK/news/280782132.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/280782132.md) | [繁體中文](https://longbridge.com/zh-HK/news/280782132.md) # Economists Predict Iran Conflict to Push U.S. Inflation Above 3% and Impact Jobs and Growth As the conflict in Iran pushes up fuel costs, economists have raised their expectations for U.S. inflation by the end of the year while lowering forecasts for consumption, growth, and employment. According to the latest Bloomberg monthly survey of economists, the U.S. Personal Consumption Expenditures (PCE) price index is now expected to average a 3.1% increase this year, up from the previous estimate of 2.6%. While this is primarily driven by rising oil prices, respondents also anticipate that the core measure, excluding food and energy costs, will see a higher increase than previously projected. ### Related Stocks - [ProShares Ultra Bloomberg Crude Oil (UCO.US)](https://longbridge.com/en/quote/UCO.US.md) - [VanEck Oil Refiners ETF (CRAK.US)](https://longbridge.com/en/quote/CRAK.US.md) - [SttStrtSPDRS&POil&GasExplor&ProdtnETF (XOP.US)](https://longbridge.com/en/quote/XOP.US.md) - [VanEck Oil Services ETF (OIH.US)](https://longbridge.com/en/quote/OIH.US.md) - [United States Oil (USO.US)](https://longbridge.com/en/quote/USO.US.md) - [Occidental Petroleum Corporation (OXY.US)](https://longbridge.com/en/quote/OXY.US.md) - [The Energy Select Sector SPDR® ETF (XLE.US)](https://longbridge.com/en/quote/XLE.US.md) - [iShares Global Energy ETF (IXC.US)](https://longbridge.com/en/quote/IXC.US.md) - [BP p.l.c. (BP.UK)](https://longbridge.com/en/quote/BP.UK.md) - [Stt Strt®SPDR®S&P®Oil &GasEqpmnt&SvcsETF (XES.US)](https://longbridge.com/en/quote/XES.US.md) - [HSPC (603353.CN)](https://longbridge.com/en/quote/603353.CN.md) - [iShares US Oil & Gas Explor & Prod ETF (IEO.US)](https://longbridge.com/en/quote/IEO.US.md) - [iShares US Oil Equipment & Services ETF (IEZ.US)](https://longbridge.com/en/quote/IEZ.US.md) ## Related News & Research - [EU wheat eases on Iran war uncertainty, US data in focus](https://longbridge.com/en/news/280835831.md) - [Creative Off-Ramps Needed As Top Goldman Trader Warns "You Can't Jawbone Molecules"](https://longbridge.com/en/news/280796423.md) - [Somalia's tuk-tuks stall as Iran war drives fuel price spike](https://longbridge.com/en/news/280609926.md) - [Fed’s Cook flags rising inflation risks as Iran war dents rate cut outlook](https://longbridge.com/en/news/280689663.md) - [Energy Down With Oil Futures on Peace Hopes -- Energy Roundup](https://longbridge.com/en/news/280530388.md)