#shorts On 3/7/2023, a reporter asked White House Press Secretary Karine Jean-Pierre, “So, on the inflation question, Chair Powell has been testifying today, has sent some very, very strong signals to the market that, you know, rate increases could be coming … what would you say about just the January data, you know, in terms of waiting to see perhaps if there should be — if there would be — if that data is confirmed?
MS. JEAN-PIERRE: … As it relates to inflation, our economists have been very clear — view — as you’re asking me about data, they view the recent inflation data — or recent inflation, more specifically, and jobs data as well — as evidence that the President’s economic plan is working … As it relates to, you know, Chair Powell being — being –being on the Hill, doing the hearing, I’m just not going to comment on any specifics to that.
other clips of this published longer video is here: https://youtu.be/1w8CL6v0d9o
Q: Chair Powell rate increases A: Economy working