Biden: The Fed's interest rate cuts are not a victory declaration, but a declaration of progress
Washington, September 19 (Hibya) - President Joe Biden stated that the Fed's interest rate cuts are not a victory declaration, but a declaration of progress.
President Biden expressed that the Fed's interest rate cuts are not a victory declaration, but a declaration of progress.
Stating that they have entered a new phase in the recovery process, Biden said, “Let’s accept this progress instead of being locked in the fear that has dominated our economic outlook since the pandemic.”
British News Agency
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