[Congressional Record Volume 171, Number 151 (Tuesday, September 16, 2025)]
[House]
[Page H4348]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       FED RATES AND STAGFLATION

  (Mr. LATIMER asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. LATIMER. Mr. Speaker, the Federal Reserve Board meets this week 
to consider easing interest rates, a move that the President has been 
urging for months.
  Inflation remains stubborn. Consumer prices rose by 2.9 percent in 
August compared to last year. Job growth is slowing. Unemployment has 
climbed to 4.3 percent, the highest in 4 years. We are now veering 
toward stagflation: rising prices and a cooling job market.
  No matter what you call it, the reality is clear: American families 
and small businesses are struggling. The President came into office 
promising to lower costs and make life more affordable. Instead, he has 
delivered the opposite with a massive tax and spend bill and a reckless 
tariff agenda that is driving prices even higher and creating 
apprehension for employers.
  Lower interest rates might offer some short-term relief. Yet, for 
real, lasting stability, you need a change in course and a change in 
policies coming from the top.

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