Biden celebrates interest rate cuts; “shows that inflation has decreased”

Biden celebrates interest rate cuts; “shows that inflation has decreased”

Washington. US President Joe Biden said on Thursday that the Federal Reserve’s (Fed, central bank) decision to lower interest rates was “an important sign” that inflation has decreased, adding that economic policies of Donald Trump failed in the past and will surely “fail again” if they are reactivated. “Reducing interest rates is not a declaration … Read more