Biden: Expect interest rates to fall further
Bitget2024/09/19 22:49
U.S. President Joe Biden said the job of fighting inflation is not yet done; lower borrowing costs will help the economy grow; interest rates are expected to fall further; the Federal Reserve's interest rate cuts indicate that the economy and the recovery are entering a new phase; and he respects the independence of the Federal Reserve, and he hasn't spoken to Federal Reserve Chairman Jerome Powell since he joined the White House.
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