Inflation and liquidity claims answer U.S. pressure

Date unknown

IRINN presents Central Bank governor Abdolnaser Hemmati’s statement as a response to the U.S. Treasury secretary about sanctions failing to produce results. It quotes him as saying that after fifteen months inflation has been curbed and liquidity is being brought under control. These are attributed official assessments; the brief supplies no inflation rate, measurement period or new policy instrument and does not independently establish sanctions’ effectiveness or an end to price pressures. The precise date of the response is not established by the September 27 broadcast.

IRINN presents Central Bank governor Abdolnaser Hemmati’s statement as a response to the U.S. Treasury secretary about sanctions failing to produce results. It quotes him as saying that after fifteen months inflation has been curbed and liquidity is being brought under control. These are attributed official assessments; the brief supplies no inflation rate, measurement period or new policy instrument and does not independently establish sanctions’ effectiveness or an end to price pressures. The precise date of the response is not established by the September 27 broadcast.