2 Question Tuesday® – 04/28/2026 – If Gas Prices Stay High Until 2027 What Effect Will This Have on the Economy? What Do You Think About Kevin Warsh Wanting a New Approach to Measure Inflation?

Welcome to 2 Question Tuesday. This week’s questions were:

  1. If gas prices stay high until 2027 what effect will this have on the economy?
  2. What do you think about Kevin Warsh wanting a new approach to measure inflation?

Phil, Mike, and Larry discuss Energy Secretary Chris Wright’s comments about how gas prices could remain elevated until 2027 and what long-term effects this will have on the economy? They then discuss President Trump’s nominee to head the Federal Reserve, Kevin Warsh, and his desire to have the Fed adopt a new approach to measuring inflation called trimmed averages, and if this just about shifting the goalposts to make it easier to cut rates?

Submit your questions to question@2questiontuesday.com

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Host Lawrence Carrel’s books available available at Amazon.com

Focused Wealth Management • Fiduciary financial advisors serving Orange County, New York