Since the start of the Iran war, wages in the United States have consistently fallen short of inflation. That is, since the spring of 2026, the real income of Americans has continued to fall.
In October, consumer prices in the US rose significantly more than expected - the consumer price index (CPI) rose by 0.4% month-on-month, while a 0.3% increase was expected. Annual inflation reached about 4%, double the Federal Reserve's target of 2%. Before the conflict with Iran, inflation stood at 2.4%.