Key takeaways from the Fed’s decision to deliver a jumbo-sized
Sep 18, 2024 · President Joe Biden acknowledged the Fed’s success at such a critical juncture, saying in a statement on X that “we just reached an important moment.” Meanwhile, stocks seesawed after the...
After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength
Sep 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 national price surge...
Biden Says Fed Made 'Declaration of Progress' With Interest Rate …
Sep 19, 2024 · 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...
Biden expects Fed to continue cutting interest rates | Reuters
Sep 19, 2024 · 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 renominates Powell as Fed chair, cites 'steady and ...
Nov 22, 2021 · President Joe Biden on Monday renominated Jerome Powell as Federal Reserve chairman, ending months of speculation over who would run the central bank for the next four years, the White House...
A Fed Rate Cut Would Cap a Winning Streak for Biden and Harris …
Sep 18, 2024 · 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...
Biden White House closely watching Federal Reserve following bank ... - CNN
Mar 22, 2023 · CNN — All eyes are trained on the Federal Reserve as it prepares to announce another potential interest rate hike Wednesday afternoon – exactly 10 days after the Biden administration stepped in...
Biden reappoints Jerome Powell as Federal Reserve chairman - NPR
Nov 22, 2021 · President Biden has chosen to keep Jerome Powell in place for a second term as Federal Reserve chairman — a move that signals continuity with the central bank's policies at a time when the...
WATCH: Powell speaks after Federal Reserve signals only ... - PBS
Jun 12, 2024 · Though the unemployment rate is a low 4%, hiring is robust and consumers continue to spend, voters have taken a generally sour view of the economy under President Joe Biden. In large part,...
Biden says inflation is top priority after meeting with Fed Chair ...
May 31, 2022 · WASHINGTON — President Joe Biden met on Tuesday with Federal Reserve Chair Jerome Powell to discuss the administration's plan to combat high inflation, which Biden said has become his top...