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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 Economic Club of Washington, D.C. “It doesn’t mean our work is done,” Biden said.

The Associated Press on MSN · 16h

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 has eased.

Reuters on MSN · 16h

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 his administration would keep working to lower costs for Americans.Biden used an Economic Club of Washington event with 500 guests to promote his administration's policies to bring down inflation after the COVID-19 pandemic and Russia's invasion of Ukraine,

15hon 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 ...

The Independent on MSN5h

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 ...

ABC News16h

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 ...

16hon 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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