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Published 02:24 IST, September 20th 2024
Biden expects Fed to continue cutting interest rates
Inflation is much closer to the Fed's 2% target, Biden said, calling the U.S. central bank's half-percentage-point cut in interest rates on Wednesday "good news for consumers."
Biden interest rate predictions 2024 | Image:
US President Joe Biden, Fed chair Jerome Powell
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02:24 IST, September 20th 2024