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Fed interest rate cut 'a declaration of progress'
"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 to give ‘declaration of progress’ to economic club after Fed cuts
President Biden is set to give remarks at the Economic Club of Washington, D.C., on Thursday, during which he will give a “declaration of progress” a day after the Federal Reserve slashed interest rates.
President Biden sees rate cut as 'good news,' but 'we have more work to do'
The Fed's 50 basis point rate cut is "good news" for the economy overall, President Joe Biden said on Thursday at the Economic Club of Washington, DC. Lowering borrowing costs will foster economic growth, he added.
2h
on MSN
Biden’s Long Shadow
No miss has been greater than Biden’s retreat from Afghanistan. Yes, Trump inked the deal with the Taliban. But that doesn’t ...
1d
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 — ...
1d
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 ...
1d
Biden met with Fed Chair Powell, Treasury Secretary Yellen in May 2022
President Biden met in the Oval Office with Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen in May ...
Check Your Fact on MSN
20h
FACT CHECK: Joe Biden Incorrectly Claims He Has Not Spoken To Federal Reserve Chair Powell Since He Became President
President Joe Biden said in Sept. 19 remarks that he hasn’t spoken with Federal Reserve Chairman Jerome Powell since he ...
1d
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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