Jerome Powell: “That could be right. It could also just be, though, that demand is…”

On the recordJune 22, 2022

That could be right. It could also just be, though, that demand is incredibly strong and that they are raising prices because they can.

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Republican · District of Columbia

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Chair Powell discusses potential causes of inflation during his confirmation hearing.

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Jerome Powell: “That could be right. It could also just be, though, that demand is incredibly strong and that they are raising prices…”