Biden says Fed made ‘declaration of progress’ with interest rate cut
WEB18 hours 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 told the Economic Club of Washington, D.C.
Biden says Fed made 'declaration of progress' with interest ... - ABC News
WEB1 day 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 ...
After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength
WEB1 day 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 ...
Key takeaways from the Fed’s decision to deliver a jumbo-sized
WEB1 day ago · Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September 20, 2023 at the Federal Reserve in Washington, DC.
Biden expects Fed to continue cutting interest rates | Reuters
WEB1 day ago · U.S. President Joe Biden said on Thursday he expects the Federal Reserve to continue cutting interest rates and vowed that his administration would keep working to lower costs for Americans.
Biden says Fed made 'declaration of progress' with interest rate cut
WEB19 hours ago · Biden hails economic progress after Fed rate cut but avoids victory lap. U.S. President Joe Biden delivers remarks at the Economic Club of Washington on Sept. 19, 2024, in Washington. U.S ...
Fed’s Interest Rate Cut Would Cap a Winning Streak for Harris and Biden …
WEB2 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 ...
Federal Reserve lowers interest rates by 0.50 percentage ... - CBS News
WEB1 day ago · The Fed said the cut lowers the federal funds rate into a range of 4.75% to 5%, down from its prior range of 5.25% to 5.5%, which had been its highest level in 23 years. The half-point move ...
Biden to Celebrate Rate Cut in Bid to Bolster Economic Legacy
WEB1 day 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 ...
Live Updates: Fed Holds Rates, Noting ‘Lack of Further Progress’ …
WEBMay 1, 2024 · Federal Reserve officials left interest rates unchanged and signaled that they are wary about how stubborn inflation is proving, paving the way for a longer period of high interest rates.
Skip to content