NEC Dir. Brainard Brags About $3.35 Gas: ‘The Lowest Labor Day Gas Prices We’ve Seen in Three Years’

SOLOMON What does that ░░░░░░░░ for prices We all ░░░░░░░░ for things What does ░░░░░░░░ mean for interest rates ░░░░░░░░ me bring in Lael ░░░░░░░░ she is the director ░░░░░░░░ the National Economic Council ░░░░░░░░ Brainard good to have ░░░░░░░░ Thanks for being with ░░░░░░░░ today BRAINARD Thanks for ░░░░░░░░ me on SOLOMON So ░░░░░░░░ imagine this is the ░░░░░░░░ of report you wanted ░░░░░░░░ see What s your ░░░░░░░░ to what we ve ░░░░░░░░ about an hour ago ░░░░░░░░ Yeah This is exactly ░░░░░░░░ kind of report that ░░░░░░░░ us confidence that inflation ░░░░░░░░ sustainably coming back down ░░░░░░░░ normal levels We ve ░░░░░░░░ a string of monthly ░░░░░░░░ now inflation at 2 ░░░░░░░░ That suggests the economy ░░░░░░░░ continue expanding the employment ░░░░░░░░ continue expanding with low ░░░░░░░░ And that is good ░░░░░░░░ but the work on ░░░░░░░░ costs needs to continue ░░░░░░░░ middle class families are ░░░░░░░░ facing high prices and ░░░░░░░░ is the focus because ░░░░░░░░ Vice President Harris President ░░░░░░░░ lowering costs They re ░░░░░░░░ that on prescription drugs ░░░░░░░░ real focus on housing ░░░░░░░░ a plan to build ░░░░░░░░ million houses And of ░░░░░░░░ we are actually seeing ░░░░░░░░ at the pump So ░░░░░░░░ 35 national average that ░░░░░░░░ a reduction of about ░░░░░░░░ 50 since last Labor ░░░░░░░░ and the lowest Labor ░░░░░░░░ gas prices we ve ░░░░░░░░ in three years.”