Fed Chairman Kevin Warsh is staring down a rise in inflation that is driven in large part by something the central bank cannot control: the war with Iran.

Fed Chairman Kevin Warsh is staring down a rise in inflation that is driven in large part by something the central bank cannot control: the war with Iran.

New Federal Reserve (Fed) chief Kevin Warsh is set to chair his first meeting of the U.S. central bank's rate-setting committee this week, caught with...