After Fed Cuts Rates, Biden Will Claim Credit for Economy’s Strength NYT | Top Stories Jim Tankersley 19 September 2024 at 17:06 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. © Haiyun Jiang for The New York TimesIn a speech in Washington, President Biden will stress the need for further action to bring down the costs of housing, groceries and other daily necessities that continue to frustrate American consumers.
A Fed Rate Cut Would Cap a Winning Streak for Biden and Harris on Prices NYT | Top Stories Jim Tankersley 18 September 2024 at 17:04 Improved data on borrowing costs and price growth has buoyed consumers, but it might be coming too late to significantly affect the presidential race © Eric Lee/The New York TimesRecent weeks have brought a run of good data on consumer prices and interest rates for the Biden-Harris administration.