Powell Admits Ukraine Is Not the Primary Driver of Inflation: ‘Inflation Was High, Certainly Before the War in Ukraine Broke Out’
‘No, inflation was high before, certainly before the war in Ukraine broke out’
EXCERPT:
HAGERTY: “Given how inflation has escalated over the past 18 months would you say the war in Ukraine is the primary driver of inflation in America?”
POWELL: “No, inflation was high before, certainly before the war in Ukraine broke out.”
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