Watch: Fed Chair Jerome Powell dismantles Fox Business reporter's inflation claims

Federal Reserve Chairman Jerome Powell pushed back against a Fox Business correspondent who tried to link inflation to government spending.

At a Wednesday afternoon press conference, Fox Business reporter Edward Lawrence suggested President Joe Biden's budget added to inflationary forces.

"Inflation has been rather sticky, so do you need help from the fiscal side to get inflation down faster?" Lawrence wondered.

"We don't give advice to the fiscal authorities, and...