Biden says Fed made ‘declaration of progress’ with interest rate cut
WEB19 hours ago · WASHINGTON (AP) — 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. “Lowering interest rates isn’t a declaration of victory,” Biden told the Economic Club of Washington, D.C.
After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength
WEB1 day ago · See more on: U.S. Politics, 2024 Elections: News, Polls and Analysis, Federal Reserve (The Fed), President Joe Biden, Lael Brainard, Kamala Harris Share full article Inside the Biden Administration
Biden Says Fed Made 'Declaration of Progress' With Interest Rate …
WEB19 hours ago · President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation has eased. President Joe Biden delivers remarks at the Economic Club ...
Biden expects Fed to continue cutting interest rates | Reuters
WEB1 day ago · U.S. President Joe Biden speaks to reporters before receiving a briefing regarding the ongoing wildfire season response and federal efforts to reduce wildfire risk, at the White House in ...
Federal Reserve lowers interest rates by 0.50 percentage ... - CBS News
WEB1 day ago · The Fed said the cut lowers the federal funds rate into a range of 4.75% to 5%, down from its prior range of 5.25% to 5.5%, which had been its highest level in 23 years. The half-point move ...
Watch: Biden delivers verdict on interest rates after Fed cut
WEB14 hours ago · Watch as Joe Biden delivered remarks at the Economic Club of Washington in DC on Thursday, 19 September, after the Federal Reserve broke a four-year run and cut its benchmark interest rate by half ...
‘Declaration of Progress’: Biden Hails Fed Rate Cuts
WEB18 hours ago · new video loaded: ‘Declaration of Progress’: Biden Hails Fed Rate Cuts transcript President Biden hailed the Federal Reserve’s move to begin cutting interest rates during a speech at the ...
Biden to Celebrate Rate Cut in Bid to Bolster Economic Legacy
WEB1 day ago · September 19, 2024 at 5:00 AM EDT. Save. President Joe Biden, in a speech Thursday, will celebrate the Federal Reserve’s decision to slash interest rates as a validation of his economic vision ...
Biden blasts Trump’s calls for reducing Fed’s independence, …
WEB1 day ago · In a speech Thursday following the Federal Reserve’s interest-rate cut, President Joe Biden talked up the importance of the U.S. central bank’s independence while criticizing Republican ...
The Fed’s long-awaited rate cut is colliding with presidential
WEB1 day ago · The Federal Reserve cut interest rates for the first time in the Biden era on Wednesday after the White House spent the last three years grappling with Americans’ dissatisfaction with the cost ...