#shorts On 7/24/2023, a reporter asked White House Press Secretary Karine Jean-Pierre, “this is a big week for the economy. The Federal Reserve will likely raise rates again on Wednesday, putting the interest rates into a range we had for 2007. So, are high interest rates and about 2 percent growth a side effect of Bidenomics?

KJP: I’m just not going to get into what the Federal — Federal Reserve is going to make a decision on or not. They are independent. I’m not going to get into hypotheticals from here. They have the independence to — we give them the independence to make sure that they make monetary decisions on their own.

Reporter: How about Bidenomics and high interest rates then?

KJP: Look, what I can say is Bidenomics is about making sure that we build an economy that doesn’t leave anybody behind. Right? When you see the data, when you see that inflation has indeed come down, has been — has — has come down the last 12 months — and that’s important. That’s what the data has showed. That is important — and also, while wages are going up. And so, this is Bidenomics at work. This is what the President — this is the President’s policies, making sure, again, that we build an economy from the bottom up, middle out. I’m not going to get into the Federal Reserve

other clips of this published longer video is here: https://youtu.be/dCWGDRSLFGQ
Asked About High Interest Rates, Dismal Growth, Jean-Pierre Says She Won’t “Get Into Hypotheticals”