The Federal Reserve held interest rates steady on Wednesday as the economy weathers its highest inflation in three years.
Nearly three-quarters say the economy is getting worse.
The Middle East conflict triggered one of the largest oil shocks in decades, and was reflected in Friday's inflation report.
The rising fuel costs amid the war in Iran mean it will cost you more to get packages delivered. Starting April 17, Amazon will apply new surcharges to its sellers. UPS, FedEx, and USPS have also added fuel surcharges to counter rising fuel costs.
Inflation held steady in February, maintaining price increases at elevated levels in the weeks before the U.S.-Israeli war with Iran sent gasoline prices surging.
Inflation held steady in December, continuing to prove stubborn just days after reports of a Department of Justice probe into Federal Reserve Chair Jerome Powell.