CBO: US direct costs of Iran war reach $38 billion, PCE may rise 0.5 pp
- —Direct Pentagon costs for the Iran war are about $38 billion as of August 1
- —Replacing expended munitions costs $21.7 billion, of which $13.1 billion for interceptors
- —Additional costs are $2-3 billion per month depending on combat intensity
- —PCE in Q1 2027 could be 0.5 pp higher, core PCE 0.3 pp higher
Why it matters: Rising energy prices and US government debt increase pressure on inflation and yields, which historically weighs on bitcoin and risk assets.
Source: TokenPost