KJP Has No Comment On Highest Interest Rates In 22 Years

In this report, we cover the key points from the video “KJP Has No Comment On Highest Interest Rates In 22 Years.” Watch the full video above for complete coverage and context.

#shorts On 7/25/2023, a reporter asked White House Press Secretary Karine Jean-Pierre, “the Federal Reserve has just announced an interest rate hike by a quarter point, which brings it to the highest level in 22 years. Does the White House have a comment on that?

KJP: As you know, we see the Federal Reserve as being independent. We give them the space to make sure that they are able to make monetary decision. It is up to them to make that decision. I’m just not going to comment about that — about their — about the decision today.

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Karine Jean-Pierre Has No Comment On Highest Interest Rates In 22 Years

Key Points

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#shorts On 7/25/2023, a reporter asked White House Press Secretary Karine Jean-Pierre, “the Federal Reserve has just announced an interest rate hike by a quarter point, which brings it to the highest level in 22 years

• Does the White House have a comment on that
• KJP: As you know, we see the Federal Reserve as being independent
• We give them the space to make sure that they are able to make monetary decision