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Yesterday — 19 September 2024Main stream

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

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 Times

In 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.
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