Fed’s Waller says interest rates may need to be cut soon if largest Trump tariffs stay in place

Biztoc.com - April 14, 2025

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 would be warranted, even if the taxes on imports cause a spik…

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