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U.S. President Joe Biden will tout progress in bringing down inflation and boosting employment on Thursday after the Federal Reserve's interest rate cut, while vowing to keep working to lower ...
President Biden is set to give remarks at the Economic Club of Washington, D.C., on Thursday, during which he will give a “declaration of progress” a day after the Federal Reserve slashed ...
For Biden, taking credit for an improving economy — including the jobs and ... Biden is putting his name on economic progress, ... a month in which unemployment stood at 9.1% and the US economy ...
Biden makes ‘declaration of progress’ on economy after Fed cuts interest rates - Interest rates going down ‘will provide relief by making things more affordable’ ...
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.
President Joe Biden on Thursday dismissed fears that the US is in a recession after a government report showed the US economy shrunk again in the second quarter, arguing there are “signs of ...
Biden touts economic 'progress,' despite weak jobs report, rising inflation Economists had forecast the US would gain nearly 1 million jobs in April, as it did in March, but instead it gained 266,000 ...
By many metrics, the US economy is humming along. The jobs market is robust; consumers are spending again; and inflation has eased to a three-year low.
As US economy slows, Biden resists recession label and touts 'historically strong' job market . ... we see signs of economic progress in the second quarter as well," Biden said.
If Biden holds firm on raising the corporate tax rate to 28%, he will create millions of new jobs, reignite U.S. manufacturing and chart a path to prosperity for workers and families long left behind.
Under Biden, there has been near-continuous job growth and economic expansion since he took office in January 2021, with the US avoiding the recessions that have hit other countries despite ...