War-driven inflation, Fed rates and household affordability

Diesel prices are around $6.44-$6.45 nationally and at record or near-record levels in several states, feeding freight, food, heating-oil and service costs. The Fed’s 3.75%-4.00% policy rate keeps prime rates near 7% and mortgages near 7%, while a possible U.S.-China LNG tariff reduction and the Solar for All court ruling could affect future energy costs.