Ruhle Calls for an ‘Economic Explainer’ Because Americans Are ‘Confused’ and Don’t Realize They’re ‘Doing Quite Well’ Financially

RUHLE Now a new ░░░░░░░░ from the Fed shows ░░░░░░░░ are still struggling to ░░░░░░░░ day to day expenses ░░░░░░░░ as inflation has slowed ░░░░░░░░ some big consumer brands ░░░░░░░░ beginning to take action ░░░░░░░░ says it is cutting ░░░░░░░░ on 5 000 essential ░░░░░░░░ things like milk butter ░░░░░░░░ food Wendy s is ░░░░░░░░ offering a 3 breakfast ░░░░░░░░ And rivals like McDonald ░░░░░░░░ are offering new lower ░░░░░░░░ value meals Here to ░░░░░░░░ an old friend of ░░░░░░░░ Austan Goolsbee President and ░░░░░░░░ of the Federal Reserve ░░░░░░░░ of Chicago We need ░░░░░░░░ economic explainer People are ░░░░░░░░ they re exhausted but ░░░░░░░░ re also doing quite ░░░░░░░░ So I want to ░░░░░░░░ with prices They ve ░░░░░░░░ an issue for everyone ░░░░░░░░ is your take when ░░░░░░░░ hear about big consumer ░░░░░░░░ actually cutting prices GOOLSBEE ░░░░░░░░ But you ve had ░░░░░░░░ ve had inflation that ░░░░░░░░ way too high in ░░░░░░░░ U S and in ░░░░░░░░ countries around the world ░░░░░░░░ didn t keep up ░░░░░░░░ that Now inflation slowed ░░░░░░░░ 2023 actually quite a ░░░░░░░░ Inflation came down almost ░░░░░░░░ much as it s ░░░░░░░░ come down.”