With Kevin Warsh's May 22 swearing-in ceremony as the Chair of the Federal Reserve for the next four years, the markets expect the central bank will continue to hold the benchmark interest rates steady despite President Donald Trump's persistent demands for drastic cuts. With the increasingly hot inflation reports and forecasts due to the energy shocks of the Iran War, some Fed policymakers and Fed watchers have been raising the odds that the Federal Open Market Committee will have to raise rates on short-term borrowing within the next 12 months. [...]