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Jim Banks: “Inflation is down from where it was a year ago.”

Featuring: Jim Banks, Republican | U.S. Senate, Indiana

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

Published | Video Starts at 03:50

But again, I'm inevitably going to be commenting on the bill if I answer that question. A lot of talk today about inflation. You've already agreed that Inflation is down from where it was a year ago. And would you say steadily declining has been? Yes, I more than agreed to it. I'm very pleased by it. And all of the experts and you know, so called experts tell us that tariffs lead to inflation. (03:50–03:54)

CLAIM

Asserts that inflation has decreased compared to the previous year.

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