Biden, Fed
After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength
The president said he was not declaring victory over inflation, but marking a pivot point for the recovery from pandemic recession.
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 — as he delivered an error-ridden speech including
"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 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.
Biden to take victory lap on economy after historic fed interest rate drop, White House says
White House Chief of Staff Jeff Zients told reporters on a briefing call late Wednesday that Biden would be using the address to “speak to a new milestone” being reached, with interest rates and inflation dropping while wages and America’s GDP are simultaneously going up.
Biden Says He Never Spoke to Fed Chair Powell
Biden says Fed made 'declaration of progress' with interest rate cut
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...
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 ...
Biden expects Fed to continue cutting interest rates
U.S. President Joe Biden said on Thursday he expects the Federal Reserve to continue cutting interest rates and vowed that ...
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 ...
American Banker12h
Biden stresses Fed independence after interest rate cut
President Joe Biden, in a speech emphasizing the progress made on the economy during his administration, said that he's never ...
A Fed Rate Cut Would Cap a Winning Streak for Biden and Harris on Prices
Improved data on borrowing costs and price growth has buoyed consumers, but it might be coming too late to significantly ...
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 ...
The Alpena News3h
Biden: 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 ...