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Jerome Powell: “All of those countries had their rates go up quite a bit…”

Featuring: Jerome Powell, Republican | Chair of the Federal Reserve | National

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Jerome Powell Discusses U.S. Interest Rates, Tax Policy, and Inflation with Jim Banks

Published | Video Starts at 01:49

We have the strongest economy in the. World globally gone up as well. Sorry, have interest rates in those countries globally gone up as well? Well, they, they went up. All, All of those countries had their rates go up quite a bit during the global pandemic. Inflation. Right. And as you know, many of them have been cutting their rates and we had been too. And we'll at some point resume that. (01:49–01:55)

CLAIM

Asserts that interest rates in various countries increased significantly during the global pandemic.

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