Federal Reserve Chairman Jerome Powell treated himself to a hamburger off of McDonald’s $20 value menu to celebrate transitory inflation, according to sources.
Powell paid with a $100 bill at a McDonald’s drive-thru during the lunch rush in Washington DC.
“Nothing beats a great deal,” Powell said to reporters. “This burger was only $20 – a steal!”
Powell’s celebratory lunch came hours after inflation was reported at “only 6.2%” for the previous year.