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Anna Wong addressed the implications of the ongoing Iran war on recent inflation dynamics. In her latest commentary, Wong connected this inflationary wave with impacts on cpi, core cpi, pce, and core pce indicators.
She also mentioned that Kevin Warsh may find the situation favorable, without providing further details.
Wong previously predicted that oil prices could surge to $150-$200 within two months, citing possible escalation related to Trump in an earlier note. She also observed that the FOMC raised its GDP growth forecast despite the Iran war and oil spike, calling the response unusual in her prior analysis. These developments provide context for her latest comments on inflation indicators.