December 25, 2024

(The live stream is scheduled to begin at 1:15 PM ET. If you don’t see the players above then, please refresh the page.)

President Joe Biden is expected to celebrate falling inflation and interest rates when he speaks Thursday at the Economic Club of Washington, D.C.

The day after the president made the above remarks, the Federal Reserve announced its decision to cut interest rates significantly by 50 basis points.

“Falling inflation and lower interest rates are welcome, but no one is declaring victory,” National Economic Council Director Lael Brainard told reporters before Biden spoke.

About The Author

Leave a Reply

Your email address will not be published. Required fields are marked *