After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength
WEB3 days ago · Sept. 19, 2024. President Biden on Thursday hailed the Federal Reserve’s move this week to begin cutting interest rates, casting it as a sign of America’s economic health and evidence that a ...
Biden says Fed made ‘declaration of progress’ with interest rate cut
WEB3 days 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 says Fed made 'declaration of progress' with interest ... - ABC News
WEB3 days ago · The Associated Press. WASHINGTON -- 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 ...
Biden Fed Jay Powell meeting Oval Office - CNBC
WEB3 days ago · Chairman of the Federal Reserve Jerome Powell (left) meets with President Joe Biden in the Oval Office on May 31, 2022. President Joe Biden on Thursday said he had “never once spoken” to ...
Fed’s Interest Rate Cut Would Cap a Winning Streak for Harris and Biden …
WEB4 days ago · 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 ...
The Fed expects to cut rates just once this year - CNN
WEBJun 12, 2024 · The Federal Reserve reports its latest interest rate decision, expected to be a pause, at 2 pm ET. The central bank will also release its latest projections on how many times it expects to cut ...
Biden calls rate cut 'an important day for the country' - ABC News
WEB3 days ago · 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.
Biden to Celebrate Rate Cut in Bid to Bolster Economic Legacy
WEB3 days 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 ...
Federal Reserve News What Happened Today at the Fed Meeting
WEBMay 3, 2023 · What to know about the Fed’s latest move. Federal Reserve officials raised interest rates by a quarter-point on Wednesday in the tenth straight move in their fight against rapid inflation...
The Fed’s long-awaited rate cut is colliding with presidential
WEB4 days 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 ...