Breaking: Federal Reserve Chairman Leaves Interest Rates at 0.0% to 0.25% Despite Record Inflation

Federal Reserve Chairman Jerome Powell announced on Wednesday that he is not raising interest rates despite the record inflation rates.

Powell told reporters inflation is significantly higher but he is not going to raise rates.

Jerome added this is not the inflation you expect from high labor participation rates.

This is developing…

Photo of author
Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

You can email Jim Hoft here, and read more of Jim Hoft's articles here.


Thanks for sharing!