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The Independent on MSN · 11h

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 and inflation at the rate of two percent over the longer run. The Committee has gained greater confidence that inflation is ...

The Recount on MSN · 1d

"I'm not here to take a victory lap": President Biden says Fed lowering interest rates is a "declaration of progress."

No one should confuse why I'm here. I'm not here to take a victory lap. I'm not here to say a job well done. I'm not here to say we don't have a hell of a lot more work to do. We do have more work to do.

MarketWatch on MSN · 22h

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.S. central bank’s independence while criticizing Republican presidential nominee Donald Trump’s stated desire to wield more influence over the Fed.

23hon MSN

Biden to take victory lap on economy after historic fed interest rate drop, White House says

The White House chief of staff recalled how Biden came into office with what he described as “a once-in-a-generation pandemic ...

BizPac Review4h

Kudlow states the obvious, the Fed gave an ‘election gift’ to Kamala

Fox Business host Larry Kudlow blasted Federal Reserve Chair Jerome Powell, reminding that Americans were better off under President Trump.

22hon MSN

Biden to celebrate progress of American economy in Thursday remarks

In remarks on Thursday at the Economic Club of Washington, D.C., President Biden will celebrate the progress of the American ...

21hon 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 ...

18h

The Fed's 50 basis point rate cut won't do anything to stop a recession, economist David Rosenberg says

"The best thing I ever did was to follow my instincts and judgement and not waver or throw the towel in," David Rosenberg ...

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