SUMMARY: Producer prices rise more than expected, Powell says rates will stay higher for longer, credit cards are becoming a problem for consumers, and Bien jumps on the tariff train...

SHOW NOTES:

• Producer Prices Jump More Than Expected in April
• Powell Doubles Down on Higher for Longer
• Household Debt Rises to $17.7T
• President Biden Announces New Tariffs

DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201