The U.S. Congressional Budget Office estimates that the war with Iran cost $38 billion.

The United States Congressional Budget Office released a report estimating that the ongoing war against Iran has incurred 38 billion dollars in direct costs during its first five months. The analysis projects that these expenditures will exert upward pressure on United States inflation levels heading into early 2027.

Simultaneously, financial markets in New York have responded to broader economic pressures, including rising oil prices and fluctuations in Treasury bond yields. Investors remain focused on the upcoming Federal Reserve meeting as the market reacts to these fiscal and geopolitical developments.