The economic landscape is shifting as the U.S. imposes a 25% tariff on Iran's trade partners while domestic inflation data is being called into question. Behind the official 2.7% CPI headline lies a calculated 3% reality, obscured by a government data lapse that could mislead the Federal Reserve for months. From the energy-hungry demands of AI data centers to the looming threat against central bank independence, the ripples of these policy shifts are creating a new, more expensive reality for the global market.