LIVE: President Biden speaks on the rise in inflation and efforts to lower prices — 6/10/22
President Biden delivers remarks on inflation and the actions of his administration to lower prices and address supply chain challenges. Inflation accelerated further in May, with prices rising 8.6% from a year ago for the fastest increase since December 1981,…
Read More »LIVE: President Biden delivers remarks on May jobs report — 6/3/2022
President Biden delivers remarks on the May job reports. Nonfarm payrolls increased by 390,000 in May, above the 328,000 Dow Jones estimate. The unemployment rate held at 3.6%, while a more encompassing jobless rate edged higher to 7.1%. Average hourly…
Read More »LIVE: President Biden delivers remarks on economic growth, jobs and deficit — 5/4/2022
President Biden delivers remarks on the economy and job growth ahead of major Federal Reserve interest rate decision on Wednesday. The Federal Reserve is widely expected to raise its fed funds target rate by a half-percentage point Wednesday, but investors…
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