The U.S. war against Iran is likely to drive up inflation early next year and could cost at least $2 billion a month as long as it continues, according to a new report from the nonpartisan Congressional Budget Office (CBO). The CBO estimated in its Tuesday report that the main economic impact of the conflict…
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Iran war likely to drive up inflation next year, CBO says
The Hill
September 15, 2026 at 8:08 PM
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The U.S. war against Iran is likely to drive up inflation early next year and could cost at least $2 billion a month as long as it continues, according to a new report from the nonpartisan Congressional Budget Office (CBO). The CBO estimated in its Tuesday report that the main economic impact of the conflict…