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U.S. Senate Republican leader McConnell to meet with Fed’s Powell on inflation -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO: U.S. Senate Majority Leader Mitch McConnell (Republican from Kentucky) talks to a reporter at his U.S. Capitol office in Washington, U.S.A, 18 January 2022. REUTERS/Elizabeth Frantz/File Photo

WASHINGTON, (Reuters) –The leader of the U.S. Senate Republican Party Mitch McConnell stated that he would meet Tuesday with Jerome Powell, Federal Reserve Chair to discuss inflation in America and U.S. economics.

McConnell spoke in a Senate speech, “I am looking forward to talking with Chairman Powell about inflation and the current state of our economic system this afternoon,” McConnell added.

McConnell stated that McConnell’s “creative leadership” helped to stabilize the economy in the early days of the COVID recession.

McConnell attacked Democrats over policies that have encouraged inflation, and criticised some Fed nominees under President Joe Biden who are currently being examined by the Senate.

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