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Biden To Deliver Remarks At Economic Club Of Washington DC Shortly

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US President Joe Biden is shortly due to deliver remarks at the Economic Club of Washington, D.C. Livestream.

  • Biden is expected to use the remarks to "celebrate the progress of the American economy, but stop short of declaring victory," according to senior advisors cited by ABC News.
  • Biden said on X yesterday after the Fed interest rate decision: "We just reached an important moment: Inflation and interest rates are falling while the economy remains strong. The critics said it couldn’t happen – but our policies are lowering costs and creating jobs. I’ll speak tomorrow about what this means for Americans."
  • White House Chief of Staff Jeff Zients told reporters: "President Biden is going to speak to a new milestone, inflation and interest rates are falling at the same time, employment, wages and GDP are rising. I want to be really clear, this is not meant to be a declaration of victory. It's meant to be a declaration of progress, significant progress. The President believes it's important to mark this moment for the country by laying out how far we've come, while also outlining the work we still have to do."
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US President Joe Biden is shortly due to deliver remarks at the Economic Club of Washington, D.C. Livestream.

  • Biden is expected to use the remarks to "celebrate the progress of the American economy, but stop short of declaring victory," according to senior advisors cited by ABC News.
  • Biden said on X yesterday after the Fed interest rate decision: "We just reached an important moment: Inflation and interest rates are falling while the economy remains strong. The critics said it couldn’t happen – but our policies are lowering costs and creating jobs. I’ll speak tomorrow about what this means for Americans."
  • White House Chief of Staff Jeff Zients told reporters: "President Biden is going to speak to a new milestone, inflation and interest rates are falling at the same time, employment, wages and GDP are rising. I want to be really clear, this is not meant to be a declaration of victory. It's meant to be a declaration of progress, significant progress. The President believes it's important to mark this moment for the country by laying out how far we've come, while also outlining the work we still have to do."