A switching mode power converter may include a modulation circuit to dynamically control a variable switching frequency of the power converter based on an error voltage of the power converter. The power converter may also include a control circuit connected to the modulation circuit and arranged to dynamically limit an inductor current in the power converter while the switching frequency of the power converter changes. A variable limit on the inductor current may be based on the error voltage of the power converter, a load current of the power converter, or information from a power manager of a system in which the power converter resides. In some implementations, the power converter may also include a disabling circuit to control the modulation circuit to disable the variable switching frequency when a sufficiently large load transient is detected.