Fed chief at odds with Biden over cause of US inflation — RT World News

Russia’s military operation in Ukraine is not the ‘primary driver,’ Jerome Powell told lawmakers

The chairman of the US Federal Reserve has rejected the White House’s assertion that soaring inflation in the country is mostly being driven by the crisis in Ukraine. During a Senate hearing on Wednesday, Jerome Powell pointed out that inflation was high even before Russia attacked its neighboring state.

He was responding to a question from Senator Bill…

Read the Full Article Here RT

Join our social media accounts to watch exclusive videos and photos

Written by Bourbiza Mohamed

A technology enthusiast and a passionate writer in the field of information technology, cyber security, and blockchain

Sadio Mane COMPLETES Bayern transfer, PSG ‘ready’ to SELL Neymar whilst Zidane REFUSES to rule out managerial role

[Watch] Sarfaraz Khan’s emotional tribute to Sidhu Moosewala after scoring century in Ranji Trophy final