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Tom Barrett: “The Fed is raising interest rates and they're cutting the…”

Featuring: Tom Barrett, Republican | U.S. House, Michigan, District 7

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Flashpoint: Congress candidates speak about their campaigns prior to Michigan’s election

Published | Video Starts at 05:07

That somehow he's going to be elected and magically inflation is going to turn around. What is the actual plan? There talk about the Fed, talk about things that are real and not a talking point. So The Fed is raising interest rates and they're cutting the supply of money going through the supply chain, but it is not bringing down inflation. They are still printing and spending trillions and trillions more. Even the Inflation Reduction act that they championed. My opponent herself even said that it would have no effect on inflation whatsoever. (05:07–05:15)

CLAIM

Asserts that the Federal Reserve's actions are not reducing inflation.

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