John Kennedy: If the Iran War Is Prolonged, It Will Contribute to Inflation

KENNEDY: “I am a realist. I‘m worried about the impact of the war on inflation. Is that a reason not to do what you have to do to protect your country? Which I thought we needed to do in this instance. But if we are going to be fair, then yes, inflation is a real concern. I‘m worried about the labor market. We are not adding jobs. We are not losing jobs. Unemployment has stayed pretty solid but interest rates matter. This war will probably contribute, if prolonged, to inflation.”

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John Kennedy: If the Iran War Is Prolonged, It Will Contribute to Inflation‘But if we are going to be fair, then yes, inflation is a real concern’News & PoliticsRUSH EXCERPT:KENNEDY: “I am a realist. I‘m worried about the impact of the war on inflation. Is that a reason not to do what you have to do to protect your country? Which I thought we needed to do in this instance. But if we are going to be fair, then yes, inflation is a real concern. I‘m worried about the labor market. We are not adding jobs. We are not losing jobs. Unemployment has stayed pretty solid but interest rates matter. This war will probably contribute, if prolonged, to inflation.”Video filesFullCompactSort byDateSummaryRelevancePopularityPer page81216Audio filesFullCompactSort byDateSummaryRelevancePopularityPer page81216Recipient e-mailMessage (optional)Preview

Source: Grabien Stories