Fed Official Urges Caution on Rate Cuts as Iran War Drags On
Christopher J. Waller, a Federal Reserve governor, said he would support rate cuts later this year if the labor market continued to weaken.
Last updated: 2026-03-21 00:29:23 ET
Christopher J. Waller, a Federal Reserve governor, said he would support rate cuts later this year if the labor market continued to weaken.
Waller said in a CNBC interview that recent developments require a more conservative approach.
Several U.S. allies are refusing military involvement in securing the Strait of Hormuz, citing diplomacy, legal limits or strategic caution.
Hyundai is urging owners to use caution when operating the SUV's second- and third-row power seats.
The world’s most vital energy artery has been largely paralysed since the launch of US-Israeli strikes on Iran last month.
Wall Street figures are turning to colorful metaphors, including invoking the hated insect, to express caution about the $3 trillion risky-lending mar...
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