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The Independent UK
The Independent UK
National
Andrew Feinberg

Biden makes ‘declaration of progress’ on economy after Fed cuts interest rates

Joe Biden White House Economy United States Jeff Zients Interest Rates Lael Brainard Inflation
EPA

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With the Federal Reserve trimming interest rates for the first time since before the Covid-19 pandemic and inflation rates slipping to pre-Covid levels, President Joe Biden is taking a moment to savor the victory with a speech to the Economic Club of Washington on Thursday.

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