Contrary to President Biden’s assertion that current inflation rates are ‘temporary,’ Federal Reserve Chairman Jerome Powell admitted on Wednesday the opposite is likely.
The nation’s central bank stated in an emergency that it was ‘prepared to use its full range of tools’ to keep the economy afloat.
Jerome Powell, the chairman of the Federal Reserve, issued an ominous warning to lawmakers Wednesday that the federal budget is on ‘an unsustainable path.’
Senate conservatives need to be tough on Jerome Powell. Bad policy choices at the Federal Reserve that he supports have been toxic for the blue-collar American worker.
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