diff --git a/CHANGELOG.md b/CHANGELOG.md
index be03a46ec..6bea225ad 100755
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Change Log
 
+## [0.54.1](https://github.com/nicklockwood/SwiftFormat/releases/tag/0.54.1) (2024-07-10)
+
+- The `--nilInit insert` option is no longer applied to lazy or attributed properties
+- The `blankLinesBetweenChainedFunctions` rule now correctly handles comments in the chain
+- Fixed indenting of wrapped arguments in `--fragment` mode
+- Fixed bug where attributes were mistaken for an accessor in a computer property
+- Fixed indenting of commented code after an opening bracket
+- Fixed spurious removal of `return` in conditional blocks
+- Fixed `--lint` mode reporter output when using `stdin`
+
 ## [0.54.0](https://github.com/nicklockwood/SwiftFormat/releases/tag/0.54.0) (2024-06-11)
 
 - Added `blankLineAfterSwitchCase` rule for inserting blank lines after switch cases
diff --git a/CommandLineTool/swiftformat b/CommandLineTool/swiftformat
index bfd28635c..e92ea1d74 100755
Binary files a/CommandLineTool/swiftformat and b/CommandLineTool/swiftformat differ
diff --git a/Sources/SwiftFormat.swift b/Sources/SwiftFormat.swift
index 562c77e54..bd4dc4660 100644
--- a/Sources/SwiftFormat.swift
+++ b/Sources/SwiftFormat.swift
@@ -32,7 +32,7 @@
 import Foundation
 
 /// The current SwiftFormat version
-let swiftFormatVersion = "0.54.0"
+let swiftFormatVersion = "0.54.1"
 public let version = swiftFormatVersion
 
 /// The standard SwiftFormat config file name
diff --git a/SwiftFormat.podspec.json b/SwiftFormat.podspec.json
index f912e1bb1..9df8bd04b 100644
--- a/SwiftFormat.podspec.json
+++ b/SwiftFormat.podspec.json
@@ -1,6 +1,6 @@
 {
   "name": "SwiftFormat",
-  "version": "0.54.0",
+  "version": "0.54.1",
   "license": {
     "type": "MIT",
     "file": "LICENSE.md"
@@ -10,7 +10,7 @@
   "authors": "Nick Lockwood",
   "source": {
     "git": "https://github.com/nicklockwood/SwiftFormat.git",
-    "tag": "0.54.0"
+    "tag": "0.54.1"
   },
   "default_subspecs": "Core",
   "subspecs": [
diff --git a/SwiftFormat.xcodeproj/project.pbxproj b/SwiftFormat.xcodeproj/project.pbxproj
index 3f86acb12..22f08fb77 100644
--- a/SwiftFormat.xcodeproj/project.pbxproj
+++ b/SwiftFormat.xcodeproj/project.pbxproj
@@ -1154,7 +1154,7 @@
 					"@loader_path/Frameworks",
 				);
 				MACOSX_DEPLOYMENT_TARGET = 10.14;
-				MARKETING_VERSION = 0.54.0;
+				MARKETING_VERSION = 0.54.1;
 				MODULE_VERIFIER_SUPPORTED_LANGUAGES = "objective-c objective-c++";
 				MODULE_VERIFIER_SUPPORTED_LANGUAGE_STANDARDS = "gnu99 gnu++11";
 				PRODUCT_BUNDLE_IDENTIFIER = com.charcoaldesign.SwiftFormat;
@@ -1187,7 +1187,7 @@
 					"@loader_path/Frameworks",
 				);
 				MACOSX_DEPLOYMENT_TARGET = 10.14;
-				MARKETING_VERSION = 0.54.0;
+				MARKETING_VERSION = 0.54.1;
 				MODULE_VERIFIER_SUPPORTED_LANGUAGES = "objective-c objective-c++";
 				MODULE_VERIFIER_SUPPORTED_LANGUAGE_STANDARDS = "gnu99 gnu++11";
 				PRODUCT_BUNDLE_IDENTIFIER = com.charcoaldesign.SwiftFormat;
@@ -1294,7 +1294,7 @@
 					"@executable_path/../Frameworks",
 				);
 				MACOSX_DEPLOYMENT_TARGET = 10.14;
-				MARKETING_VERSION = 0.54.0;
+				MARKETING_VERSION = 0.54.1;
 				PRODUCT_BUNDLE_IDENTIFIER = "com.charcoaldesign.SwiftFormat-for-Xcode";
 				PRODUCT_NAME = "SwiftFormat for Xcode";
 				PROVISIONING_PROFILE_SPECIFIER = "";
@@ -1325,7 +1325,7 @@
 					"@executable_path/../Frameworks",
 				);
 				MACOSX_DEPLOYMENT_TARGET = 10.14;
-				MARKETING_VERSION = 0.54.0;
+				MARKETING_VERSION = 0.54.1;
 				PRODUCT_BUNDLE_IDENTIFIER = "com.charcoaldesign.SwiftFormat-for-Xcode";
 				PRODUCT_NAME = "SwiftFormat for Xcode";
 				PROVISIONING_PROFILE_SPECIFIER = "";
@@ -1353,7 +1353,7 @@
 					"@executable_path/../../../../Frameworks",
 				);
 				MACOSX_DEPLOYMENT_TARGET = 10.14;
-				MARKETING_VERSION = 0.54.0;
+				MARKETING_VERSION = 0.54.1;
 				PRODUCT_BUNDLE_IDENTIFIER = "com.charcoaldesign.SwiftFormat-for-Xcode.SourceEditorExtension";
 				PRODUCT_NAME = SwiftFormat;
 				PROVISIONING_PROFILE_SPECIFIER = "";
@@ -1382,7 +1382,7 @@
 					"@executable_path/../../../../Frameworks",
 				);
 				MACOSX_DEPLOYMENT_TARGET = 10.14;
-				MARKETING_VERSION = 0.54.0;
+				MARKETING_VERSION = 0.54.1;
 				PRODUCT_BUNDLE_IDENTIFIER = "com.charcoaldesign.SwiftFormat-for-Xcode.SourceEditorExtension";
 				PRODUCT_NAME = SwiftFormat;
 				PROVISIONING_PROFILE_SPECIFIER = "";