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Biden Says Fed Will Cut Interest Rates by Years End‚ Raising Questions About Central Banks Independence.
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Biden Says Fed Will Cut Interest Rates by Years End‚ Raising Questions About Central Banks Independence.

PresidentJoe Bidenis standing by hispredictionthat the Federal Reserve will enact an interest rate cut before the end of the year. The President doubled down on the rate cut prediction despiteaConsumer Price Index (CPI)printreleased on Wednesday suggesting thatinflationwas reaccelerating.Well‚ I do stand by my prediction that‚ before the year is out‚ therell be a rate cut‚ Bidensaidduring a Wednesday press conference...
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