Washington, United States, Oct 14, 2026 (AFP) - US Fed says firms see higher diesel costs filter through economy

NAMPA / AFP

2026-10-14

US businesses grappling with steep diesel price hikes due to war with Iran are also seeing these higher costs filter through the economy via fuel surcharges, the Federal Reserve said Wednesday. "Higher oil prices permeated all district reports," the US central bank said in its latest "beige book" survey of economic conditions. "Firms reported elevated diesel prices and noted that fuel surcharges were passing on increased costs throughout the supp......

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