PolitiQuote

Discover video-sourced quotes by politicians

Dave McCormick: “I do think we're in an unprecedented moment in terms of how…”

Featuring: Dave McCormick, Republican | U.S. Senate, Pennsylvania

Watch on YouTube

McCormick: Kevin Warsh Will Transform the Federal Reserve

Published | Video Starts at 04:01

I think they're going to keep the rates where they are. And I think that the thing that's a little bit hard to factor in at this point, I do think we're in an unprecedented moment in terms of how to read the economic indicators. On one hand, we're in the middle of a conflict that's a shock. Shock to the oil markets is a big driver of the uptick in inflation. (04:01–04:07)

CLAIM

Asserts that the current economic indicators are unprecedented and difficult to interpret.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


Dave McCormick

Discover more from

Dave McCormick

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.