Oof! The Federal Reserve's May Inflation Forecast Is In, and Things Just Got Uglier for Wall Street.

Oof! The Federal Reserve's May Inflation Forecast Is In, and Things Just Got Uglier for Wall Street.

Key PointsDespite the S&P 500 and Nasdaq Composite powering to all-time highs, a key piece of the puzzle -- inflation -- points to trouble ahead.The Iran war led to the largest energy supply disruption in modern times, which has wreaked havoc on energy prices. The Federal Open Market Committee (FOMC) may be forced to act -- and that's not going to make Wall Street happy.10 stocks we like better than S&P 500 Index › It's a stellar time to be an i…