Fed Chair Jerome Powell Shoots Down Biden Administration’s ‘Putin’s Price Hikes’ Inflation Spin

Fed Chair Jerome Powell Shoots Down Biden Administration’s ‘Putin’s Price Hikes’ Inflation Spin

SGT Report - 2022-06-24 - Original post - Cached copy

by John Carney, Breitbart: Federal Reserve Chairman Jerome Powell said Wednesday that Russia’s invasion of Ukraine is not the primary driver of inflation. In a Senate Banking Committee hearing Wednesday morning, Sen Bill Hagerty (R-TN) pointed out that inflation rose from 1.4 percent in January of 2021 to seven percent by the end of the year, months […]

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