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Jim Banks: “Interest rates in the United States are higher than most…”

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 00:45

And I don't want to pick on any other nations, but many other nations have had much lower growth now, have lower inflation and have pretty low growth. Whereas the US economy has really been the outstanding performer and remains that to this … Interest rates in the United States are higher than most first-class countries. … up with other countries? Yeah, I mean, so let's just go back to when the pandemic hit. (00:45–00:51)

CLAIM

Asserts that U.S. interest rates are higher compared to other developed countries.

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