Biden Recounts His Economic Record as Interest Rates, Inflation Fall and the Dow Hits a Record
President Joe Biden denied on Thursday that he was taking a victory lap one day after the Federal Reserve cut interest rates by a half point, saying inflation was licked and the economy remains strong.
Biden heralds progress on inflation and interest rates, but says work still ahead
In a speech Thursday, President Joe Biden plans to celebrate the Federal Reserve’s interest-rate cut while stressing his administration’s inflation-fighting efforts aren’t over.
The Federal Reserve should be careful about doing victory laps over inflation: Jason Trennert
'Kudlow' panelists Liz Peek and Jason Trennert discuss the impact of the Fed slashing rates on 'Kudlow.'
Biden hails economic progress after Fed rate cut but avoids victory lap
U.S. President Joe Biden began touting the progress in bringing down inflation and boosting employment on Thursday, a day after the Federal Reserve's interest rate cut, while vowing to keep working to lower costs for American families.
Biden to take victory lap on economy after historic fed interest rate drop, White House says
White House Chief of Staff Jeff Zients told reporters on a briefing call late Wednesday that Biden would be using the address to “speak to a new milestone” being reached, with interest rates and inflation dropping while wages and America’s GDP are simultaneously going up.
Ukraine Extends Interest-Rate Pause as Inflation Flares Up
Ukraine’s central bank left interest rates unchanged for a second straight meeting in a sign that policymakers won’t tolerate ...
Federal Reserve signals end to inflation fight with a sizable half-point rate cut
Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four ...
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Walmart's Inflation-Free Thanksgiving Dinner Is Even More Convenient This Year
Walmart is offering its complete holiday meal service for less money and the meals will be available for a longer amount of ...
Swiss Government Sees Sharp Drop in Inflation Rate Next Year
Switzerland’s government slashed its inflation forecasts, a move in line with expectations that the central bank will cut ...
Here's How Cracker Barrel Sees Inflation Playing Out Over the Next Year
The company, which reported full-fiscal year results today, had previously said it expected 5% wage inflation, and flat ...
America’s Inflation Fight Is Ending, but It’s Leaving a Legacy
As inflation cools and the Federal Reserve cuts rates, an era of economic upheaval is coming to a close, but not without ...
Fed unveils oversized rate cut as it gains 'greater confidence' about inflation
The Federal Reserve on Wednesday almost certainly will lower interest rates for the first time in more than four years as the ...
Interest Rates & Inflation: Bank Rate Held At 5% In Battle Against Persisent Price Rises
Analysts Expect Cuts Before Christmas The Bank of England held its main interest rate at 5% today despite a 0.5% percentage point cut by t ...
Trump says inflation has cost households $28,000 under Biden and Harris. Is that true?
Economists told CBS News the calculation is incomplete, since average household incomes have also risen over that time period ...
Ex-Kansas City Fed chief sees renewed inflation risk after large rate cut
The U.S. central bank's decision to cut interest rates by half a percentage point leaves open the risk of a resurgence in ...