Inflation Is Still Too High, but It's Important to Put the Numbers in Context

Brian des: Inflation is still too high, but it's important to put the numbers in context. We have an economy that has extraordinary strength. Strong labor market outcomes and low unemployment rate are good for lower wage workers. People of color are seeing job opportunities with higher wages than they've seen in decades. Prices are high. And as i said, it was good to see a little bit of relief on that front in last month's print. But we know what we now need to do,. which is we need to build on those extraordinary strengths, while focusing on doing everything I can to bring prices down"