Friday, December 17, 2021

REPORT: Federal Reserve Chairman Leaves Interest Rates at 0.0% to 0.25% In Light of Record Inflation

Source: The Gateway Pundit

Published: December 15, 2021

By: Jim Hoft

Federal Reserve Chairman Jerome Powell announced on Wednesday that he is not raising interest rates despite the record inflation rates.

Powell told reporters inflation is significantly higher but he is not going to raise rates.

Jerome added this is not the inflation you expect from high labor participation rates.

This is developing…

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