On Tuesday’s broadcast of the Fox News Channel’s “Special Report,” Chicago Federal Reserve Bank President Austan Goolsbee stated that people say they’ve been hurt by President Joe Biden’s policies in part because wages haven’t kept up with inflation and that gas and grocery prices have a huge impact on how people feel.
Host Bret Baier asked why people say they’ve been hurt by Biden’s economic policies
Goolsbee responded that he’s not sure he can do a good job explaining it and he, along with the rest of the Fed, tries to avoid the political side of things.
He added that while employment numbers have been great, inflation numbers have been poor even though there’s been improvement in 2023.
Baier then asked, “Let’s talk from a Fed perspective about, is it a concern that wages have not kept up with inflation and maybe this explains some of this, the…
