Daily Mail published this video item, entitled “Jerome Powell acknowledges inflation pressures remain high” – below is their description.
Federal Reserve Chair Jerome Powell says inflation is likely to remain high in the coming months, spelling more bad news for President Biden. Powell made the prediction during a Senate Banking Affairs Committee hearing on Tuesday, blaming the reopening of the economy amid the Covid-19 pandemic. ‘Inflation is elevated and will likely remain so in coming months before moderating,’ he warned.
Daily Mail YouTube Channel
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