President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation has eased. He told the Economic Club of Washington that the country had entered a new phase of its recovery from the pandemic.

Biden says Federal Reserve made ‘declaration of progress’ with interest rate cut

President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation has eased. He told the Economic Club of Washington that the country had entered a new phase of its recovery from the pandemic.
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