Russian pranksters trick Fed Chair Powell into fake call with Zelensky

1 min read
Source: NPR
Russian pranksters trick Fed Chair Powell into fake call with Zelensky
Photo: NPR
TL;DR Summary

Federal Reserve Chairman Jerome Powell was tricked into an extended phone call with Russian pranksters posing as Ukrainian President Volodymyr Zelenskyy, during which Powell appeared to discuss the economic impact of interest rate hikes. The call was reportedly carried out by a duo of longtime Russian pranksters, Vladimir Kutznetsov and Alexei Stolyarov. The incident has come to light at a time when the Fed is under intense scrutiny over its interest rate hikes, which are intended to cool the economy and slow inflation. The Fed spokesperson said "the video appears to have been edited, and I cannot confirm it is accurate."

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