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President Biden Expresses Confidence in Fed Rate Cut Amid Rising Inflation Concerns

by Sonia Park
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President Biden Expresses Confidence in Fed Rate Cut Amid Rising Inflation Concerns

President Biden has reiterated his belief that the Federal Reserve will opt for a cut in interest rates before the end of the year, addressing reporters amid growing concerns over inflation. The President's comments come in the wake of new data indicating a rise in inflation figures for March.

President Biden says he still believes the Federal Reserve will cut interest rates before the end of the year. That's what he told reporters today after new data showed inflation increased in March.

President Biden criticized Republicans for night having a plan to fight inflation.

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