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Kevin Warsh, President Trump's pick to run the Federal Reserve, would face a growing inflation challenge if he's confirmed.
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US grocery prices rose in April, but gas spikes weren't the only reason AP NewsConsumer prices rose 3.8% annually in April, the highest since May 2023 CNBCPrices for these grocery items have spiked highest since the war began The Washington PostUS inflation rose to 3.8% in April, eroding Americans' paychecks CNNInflation Accelerates After Weeks of War in Iran
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Fund it operates took in fraction of capital from year-ago level as worries mount over potential surge in loan defaults
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