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Fed's Waller warns high tariffs could push inflation near 5% while economy slows 'to a crawl'
Fed governor Chris Waller warned that inflation could surge this year near 5% and economic growth could 'slow to a crawl' if the effective tariff rate remains at 25%. He believes the central bank may ...
You Think Tariffs Are Bad? Wait Till You See What's Next.
President Donald Trump’s tariffs aren’t the only form of financial pain facing Americans. Trump’s tariffs are raising prices ...
What Donald Trump Has Said About Raising Minimum Wage as New Bill Proposed
The president has historically opposed federal minimum wage hikes as Democrats push a 2025 bill to raise wages nationwide.
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With no staff left at LIHEAP, the federal utility assistance program, advocates worry about funding
About $378 million of Low Income Home Energy Assistance Program funding remains to be distributed. Without federal staff, ...
Fed governor Waller sees stagflationary impact of tariffs
Federal Reserve Governor Christopher Waller painted a stagflationary picture of President Trump’s tariff agenda Monday, ...
Americans braced for biggest unemployment rate jump since the pandemic as tariffs muddy outlook
A rising percentage of Americans are concerned about the labor market outlook as unemployment expectations reached their highest level since the pandemic in March.
Tariff-Induced Inflation Surge May Be Temporary, Fed Official Says
Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to ...
City Warns Water Rates May Increase After Trump Funding Freeze
The federal funds were planned to be used to construct a water filtration system to eliminate PFAS from drinking water.
Fed's Waller says interest rates may need to be cut soon if largest Trump tariffs stay in place
If President Donald Trump's large tariffs remain in place for some time, the economy is likely to slow to a crawl, Federal Reserve governor Chris Waller said Monday. As a result, interest-rate cuts ...
PenFed CD Rates: Pros, Cons, and Current Rates
Explore PenFed CD rates. PenFed is a credit union that permits anyone in the United States to open CDs. Explore CD options ...
Truist CD Rates: Pros, Cons and Current Rates
Discover Truist CD rates and secure your savings. Learn about CD options, find current rates, and determine if Truist CDs are ...
Fed's Waller supports interest-rate cuts soon if large Trump tariffs remain in place
If President Donald Trump's large tariffs remain in place for some time, the economy is likely to slow to a crawl, Fed Governor Chris Waller said Monday, and interest-rate cuts would be warranted, ...