Anna Wong

Kevin Warsh is also stepping in just as a second supply shock is about to hit.

So I think generally, year-over-year inflation likely will rise.

peak in May and then step down gradually.

But then we'll see another little bump toward the end of the year.

And then in 2027, we'll see it incrementally rising again after falling.

It's very confusing, but that's the inflation picture that Kevin Walsh and Harrod, a very confusing and complicated one.

Anna Wong has been definitive at Bloomberg Intelligence and Market Economics.

She is in conversation with Kevin Hassett of Greenfield, Massachusetts, and of the University of Pennsylvania, now at the White House.

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