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Biden, Fed
Watch: Biden delivers verdict on interest rates after Fed cut
In an official statement, the
Fed
’s Federal Open Market Committee said: “The Committee seeks to achieve maximum employment and inflation at the rate of two percent over the longer run. The Committee has gained greater confidence that inflation is ...
"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.
Fed cuts interest rate half a point | The Excerpt
Plus: Lebanon is on edge after a wave of handheld device detonations. The FBI reveals details of a Trump campaign hack. It's all on The Excerpt.
ABC News
16h
President Biden
In remarks on Thursday at the Economic Club in Washington, President
Joe
Biden
said the
Fed
's rate cut was "an important day," but stopped short of declaring victory. U.S. intelligence agencies ...
17h
on MSN
Biden to take victory lap on economy after historic fed interest rate drop, White House says
The White House chief of staff recalled how Biden came into office with what he described as “a once-in-a-generation pandemic ...
15h
on MSN
Biden touts economic gains, acknowledges a long way to go
Biden spoke a day after the Federal Reserve cut interest rates a half-point, an important marker that suggested a shift from ...
16h
on MSN
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 ...
16h
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 ...
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