Economics professor talks inflation and indictment against Federal Reserve chair

BAKERSFIELD, Calif. (KGET) — Chair professor of economics Dr. Richard Gearhart discussed the inflation report and the indictment threat against the Federal Reserve's Chair Jerome Powell. Powell is calling the DOJ's investigation into him 'political pressure' and 'intimidation' because he predicts president Trump will be unhappy with interest rates that are "based on evidence and economic [...]