President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation has eased.
A Few Light Showers then Clearing, Looking ahead to your WeekendThe Federal Reserve cut interest rates by a half point. But how does this impact you?This man wanted to jump off the Golden Gate Bridge in 2005. Now he and the officer who saved him help others in crisis
“Lowering interest rates isn’t a declaration of victory," Biden told the Economic Club of Washington, D.C."It’s a declaration of progress, to signal we’ve entered a new phase of our economy and our recovery.”The Democratic president emphasized that there was more work left to do, but he used his speech to burnish his economic legacy even as he criticized Trump, his Republican predecessor who is running for another term.
Trump's economic record was undermined by the coronavirus outbreak, and Biden blamed him for botching the country's response.Biden struggled to demonstrate economic progress because of inflation, which spread around the globe as the pandemic receded and supply chain problems multiplied. “I believe it's important for the country to recognize this progress,” he said. “Because if we don't, the progress we made will remain locked in the fear of a negative mindset that dominated our economic outlook since the pandemic began.”
Kamala Harris Joe Biden Washington News Donald Trump Business
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
President Joe Biden: Why My Fight Against Domestic Violence is So Personal“We cannot stop fighting until every woman and girl on this planet is free from violence, fear, and abuse.”
Read more »
Joe Biden Reveals the ‘Single Best Decision I Made as President’The president introduced Kamala Harris at a Labor Day rally in Pittsburgh for their first appearance on the campaign trail together since Biden announced his withdrawal.
Read more »
President Joe Biden Pushes More Gun Control Before Facts Are Known in Georgia ShootingSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
President Biden, VP Harris, former President Trump all visiting Flight 93 National Memorial todayUnited Flight 93 crashed in a Pennsylvania field when forty passengers and crew members fought back against hijackers on September 11, 2001.
Read more »
Hunter Biden’s Tax Case Sentencing Scheduled for Before Joe Biden Leaves OfficeSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
Trump expected to link Harris to Afghanistan withdrawal chaos on bombing anniversarySince President Joe Biden ended his reelection bid, Trump has been zeroing in on Harris.
Read more »