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Biden, Fed
"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.
Biden Avoids Direct Talks on Interest Rates with Fed Chair Powell
White House economic adviser Jared Bernstein confirmed that President Joe Biden has not communicated with Federal Reserve Chair Jerome Powell about interest rates since assuming office. Biden reiterated this during a Thursday statement to dispel any misconceptions pertaining to their interactions.
Biden calls rate cut 'an important day for the country'
President Joe Biden on Thursday called the Federal Reserve's rate cut the day before an “important signal” from the Fed to Americans that inflation is cooling, but he cautioned that it “doesn’t mean the work is done” to improve the economy.
Biden, Trump
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.S. central bank’s independence while criticizing Republican presidential nominee Donald Trump’s stated desire to wield more influence over the Fed.
Biden to celebrate progress of American economy in Thursday remarks
In remarks on Thursday at the Economic Club of Washington, D.C., President Biden will celebrate the progress of the American economy, but stop short of declaring victory.
Biden pitches ‘better choice’ in economic speech, seeking contrast with Trump
President Biden on Thursday touted what he called a “declaration of progress” after the Federal Reserve cut interest rates, arguing his economic agenda had put the country on strong footing and warning of the risks that could come with a return to former President Trump’s policies.
20h
Joe Biden
Reuters.com is your online source for the latest news stories and current events, ensuring our readers up to date with any ...
BizPac Review
2h
Kudlow states the obvious, the Fed gave an ‘election gift’ to Kamala
Fox Business host Larry Kudlow blasted Federal Reserve Chair Jerome Powell, reminding that Americans were better off under President Trump.
17h
on MSN
Biden admits economic recovery still needs ‘work,’ forgets meeting Fed chair in error-laden speech
President Biden confessed Thursday that there’s “a hell of a lot more work to do” to tame inflation and boost the economy — ...
Las Vegas Sun
1d
Federal Reserve signals end to inflation fight with a sizable half-point rate cut
The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after ...
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