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

EXCERPT:

BRAINARD: “We‘ve seen a string of monthly reports now, inflation at 2.5%. That suggests the economy can continue expanding, the employment can continue expanding with low inflation. And that is good news, but the work on lowering costs needs to continue. Many middle-class families are still facing high prices and that is the focus because of Vice President Harris, President Biden lowering costs. They‘re doing that on prescription drugs, a real focus on housing affordability, a plan to build 3 million houses. And of course, we are actually seeing relief at the pump. So, $3.35 national average, that‘s a reduction of about $0.50 since last Labor Day and the lowest Labor Day gas prices we‘ve seen in three years."