MOSCOW, 23 Jun. The head of the US Federal Reserve System (FRS), Jerome Powell, exposed the lie of US President Joe Biden, who called record inflation in the country «Putin's rise in prices.» He was quoted by Fox News. During a Senate committee hearing, Republican Bill Hagerty asked the Fed chairman whether rising prices in the United States were due to Russia's actions. Powell replied that inflation was high even before the events in Ukraine. I'm glad to hear it. The Biden administration seems to intend to exonerate itself,» Hagerty said. According to the senator, the American leadership is engaged in disinformation and shifts responsibility for its own failures in economic policy to Moscow. Last week, the Russian president, commenting on the words of the head White House about «Putin's rise in prices», noted that such statements are designed for people who cannot read and write. Problems with food and fuel are the result of systemic mistakes by the current administration in Washington and the European bureaucracy, he recalled. In the United States, there has been an increase in the cost of energy and consumer goods for several months. The price of gasoline has risen above $5 a gallon from $3 a year ago. Inflation broke 40-year records and reached 8.5 percent. Attempts by the authorities to counter negative trends in the economy did not bring significant results.
