Inflation Could Exceed 4% as Bond Market Tests Fed Chair Warsh's Inflation Fight

Inflation could top 4% this week. The bond market wants Fed Chair Warsh to prove he’ll fight it.

Inflation is expected to exceed 4% in the coming week. The bond market is looking for Fed Chair Warsh to demonstrate a commitment to combating this inflation surge. Market participants appear to be testing whether the new Fed leadership will take aggressive action against rising prices.