They're talking about, well, maybe we do a half point here, a half point there. No, the answer is when we have a runaway Inflation is the highest it's been in over 40 years. that they should be raising rates at two and a half points or more immediately to try and combat that. (17:46–18:01)
CLAIM
Asserts that current inflation rates are the highest in over 40 years.
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.