Not that long ago, the release of US inflation data would have been a big moment for markets.Think about it. Not only is inflation the biggest political issue in the Western world, but the path ahead for US interest rates should be one of the most important variables in any investor’s assumption. And the new chairman of the Federal Reserve, Kevin Warsh, is probably the most scrutinised figure in financial markets right now.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles