Prankster poses as Zelensky in call with Fed chair

What they're saying: "Chair Powell participated in a conversation in January with someone who misrepresented himself as the Ukrainian president," according to a Fed spokesperson.

• "It was a friendly conversation and took place in a context of our standing in support of the Ukrainian people in this challenging time. No sensitive or confidential information was discussed."
• The Fed said the video circulating of the incident appeared to be edited and could not confirm the accuracy of its contents.

Details: The prank appears to be conducted by a duo of comedians known to be supportive of Russian President Vladimir Putin.

• According to the clip, Powell did not say anything that deviated from his public assessment of the economy. He said inflation needed to come down, and there might not be a painless way for that to happen.

Of note ... The Fed spokesperson said: "The matter has been referred to appropriate law enforcement, and out of respect for their efforts, we won't be commenting further."