We have discovered something that the supporters of Kamala Harris and Donald Trump agree on: the Federal Reserve’s half-point interest rate cut this week was“It really is a political move,” Trump said Thursday in interview with Newsmax. “Most people thought it was going to be half of that number, which probably would have been the right thing to do.”
“The Fed lowering interest rates isn’t a declaration of victory. It’s a declaration of progress. It’s a signal we’ve entered a new phase of our economy and our recovery, ” Biden said in a speech Thursday at the“I’m not here to take a victory lap. I’m not here to say, job well done. I’m not here to say, we don’t have a hell of a lot more work to do.”. In that same speech, Biden very weirdly claimed that he has not met with Powell since becoming president. That’s obviously untrue.
“I know prices are still too high for many middle class and working families, and my top priority as president will be to lower the costs of everyday needs like health care, housing, and groceries,” said Harris in a statement.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Breitbart Business Digest: How the Migrant Surge Likely Drove That Huge Jobs RevisionSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »
Breitbart Business Digest: Democrat Senators Demand Super-Sized Rate CutSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »
Breitbart Business Digest: Many Americans Don’t Believe Inflation Is Getting BetterSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »
Breitbart Business Digest: The Fed Does Not Need to Rush to Cut RatesSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »
Breitbart Business Digest: Kamala Harris Runs a Campaign Based on Partisan Hope and DeceitSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »
Breitbart Business Digest: Inflation Leaves the Middle Class Too Poor to Shop at Dollar StoresSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »