U.S. Inflation Problems Are Far From Over

With the recent inflation surge, largely attributed to the war with Iran, we're on track to hit a new high since 2023 at 3.4% annulized. Eyes will quickly turn to Kevin M. Warsh, Trump's newly selected Chairman of the Federal Reserve. Long has Trump raged against the Fed's interest hikes, but with inflation still well beyond the 2% target, Warsh's hand may be forced. And if it's not, we very well may be in for a bumpy ride.