Vance 'is lying': Economist reacts to VP calling skyrocketing gas prices 'temporary blip'

Let's bring in University of Michigan economic professor Justin Wolfers Good to see you as always. What do you make of the Fed decision to keep interest rates steady. Well, it's pretty much what everyone expected.The Fed was very careful in what it said. And I think the real news actually was in the press conference. Jay Powell sounded what you would call hawkish.Hawkish means particularly worried about inflation and the likelihood of further rate cuts. It became a little bit less likely that we'll see too ...