After Fed Cuts Rates, Biden Will Claim Credit for Economy’s Strength
Posted inAmerican Jobs Plan (2021) Biden, Joseph R Jr Brainard, Lael Federal Reserve System Harris, Kamala D Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H Presidential Election of 2024 Prices (Fares, Fees and Rates) Stimulus (Economic) United States Economy United States Politics and Government Zients, Jeffrey D

After Fed Cuts Rates, Biden Will Claim Credit for Economy’s Strength

The president’s speech on Thursday won’t be a “victory lap,” officials said, but it will celebrate falling inflation and borrowing costs along with solid growth.
Why Uncertainty Still Hangs Over the Fed’s Rate Decision
Posted inFederal Reserve System Harris, Kamala D Interest Rates internal-storyline-no Mortgages Powell, Jerome H Presidential Election of 2024 Standard & Poor's 500-Stock Index Stocks and Bonds Trump, Donald J United States Economy Warren, Elizabeth

Why Uncertainty Still Hangs Over the Fed’s Rate Decision

Investors, economists and politicians are at odds over whether the central bank should cut interest rates by a quarter-point, or more.
A Fed Rate Cut Would Cap a Winning Streak for Biden and Harris on Prices
Posted inBiden, Joseph R Jr Federal Reserve System Harris, Kamala D Inflation (Economics) Interest Rates Mortgages Presidential Election of 2024 Prices (Fares, Fees and Rates) Trump, Donald J United States Economy White House Council of Economic Advisers

A Fed Rate Cut Would Cap a Winning Streak for Biden and Harris on Prices

Improved data on borrowing costs and price growth has buoyed consumers, but it might be coming too late to significantly affect the presidential race