Kevin Warsh, appointed by Trump as the new Federal Reserve Chair, is set to be sworn in on Friday. Amid rising oil prices due to the Iran conflict, increasing inflation, and heightened demand driven by the AI boom, markets are speculating that the Federal Reserve's next move might be a rate hike rather than a cut. Some economists suggest that if inflation continues to rise, the Fed may need to increase rates by approximately 100 basis points to counteract the three rate cuts made in the latter half of 2025.