Powell Disputes Biden's Claim that Ukraine War is Driving Inflation

Fed chairman contradicts Biden, says Russia’s Ukraine invasion not the main inflation driver

Federal Reserve Chairman Jerome Powell appeared to contract President Biden’s claim that the Ukraine war was primarily responsible for inflation in the U.S.

Powell Admits Ukraine Is Not the Primary Driver of Inflation: ‘Inflation Was High, Certainly Before the War in Ukraine Broke Out’

‘No, inflation was high before, certainly before the war in Ukraine broke out’

Fed Chair Cuts The Legs Off Biden’s ‘Putin Price Hike’ Spin

Chair of the Federal Reserve Jerome Powell contradicted Wednesday claims from President Joe Biden that “Putin’s price hike” is to blame for record high inflation.

Powell Says Recession 'Certainly a Possibility' as Fed Determined to Hike Rates to Tame Inflation

Federal Reserve Chair Jerome Powell testified in Congress on Wednesday that the central bank remains determined to keep hiking interest rates high enough to cool red-hot inflation, acknowledging that recession is "certainly a possibility" but insisting the American economy is robust enough to withstand tighter financial conditions.

Powell Disputes Biden's Claim that Ukraine War is Driving Inflation

Federal Reserve Chair Jerome Powell disputes President Joe Biden's claims that the war in Ukraine is the main cause of inflation in the United States.

Not ‘Putin’s Price Hike’: Fed chair Powell breaks with Biden on inflation

Federal Reserve Chairman Jerome Powell on Wednesday broke with President Biden’s repeated attempts to blame inflation on the Russian invasion of Ukraine.