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Fed interest rate cut 'a declaration of progress'
Biden says Fed made 'declaration of progress' with interest rate cut
President Joe Biden said Thursday the Federal Reserve's decision to lower interest rates was “an important signal” that inflation has eased as he poked at Donald Trump's economic policies as a failure in the past and sure to “fail again” if revived.
Biden says Fed rate cut is important but ‘doesn’t mean our work is done’
President Joe Biden said the Federal Reserve‘s rate cut is “important” but only the first step during a speech before the Economic Club of Washington, D.C. “It doesn’t mean our work is done,” Biden said.
"I'm not here to take a victory lap": President Biden says Fed lowering interest rates is a "declaration of progress."
No one should confuse why I'm here. I'm not here to take a victory lap. I'm not here to say a job well done. I'm not here to say we don't have a hell of a lot more work to do. We do have more work to do.
15h
on MSN
Biden blasts Trump’s calls for reducing Fed’s independence, warning of potential for ‘enormous damage’ to economy
In a speech Thursday following the Federal Reserve’s interest-rate cut, President Joe Biden talked up the importance of the U ...
Yahoo
16h
Biden makes ‘declaration of progress’ on economy after Fed cuts interest rates
President
Joe
Biden
is taking a moment to savor the victory with a speech to the Economic Club of Washington on Thursday.
IJR
11h
Fed Chairman Suggests ‘Influx’ Of Migrants Are Contributing To Rising Unemployment
Federal Reserve Chairman Jerome Powell suggested migrants are helping drive rising unemployment during a press conference on ...
16h
WATCH LIVE: Biden's chief economic adviser speaks at White House briefing
Jared Bernstein joins press secretary Karine Jean-Pierre at the briefing after the Federal Reserve cuts interest rates right ...
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