Fed Chair Warsh's preferred inflation measure is cooling. A big pinch of salt is advised - Reuters

According to Dow Jones Top Markets Headlines at 3 PM ET, the Iran War is keeping the Fed's inflation gauge above its inflation target.

Williams states that the Middle East conflict is contributing to US inflation, while the $2.5 trillion crypto market capitalization is struggling due to an energy shock.

Inflation has reached a three-year high, leading critics to assert that former President Trump's economic promises have failed.

US inflation accelerated at the fastest pace in three years in April.

Goldman Sachs COO identified inflation as 'the single biggest risk element' to the economy.