Inflation spike: What the Iran conflict means for you

The Iran conflict is driving oil prices up — and pushing US inflation to a three-year high. Kevin Warsh, the new Fed chair is under pressure. What does this mean for everyday Americans? How much can they still afford — and why does President Trump “love” rising inflation, despite campaign promises to bring it down? Allie Kelly, a reporter at Business Insider, weighs in. #inflation #money #poverty #usa #dwnews For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1