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Biden Points To New Job Successes As Fed Expected To Raise Rates Tomorrow
Posted
June 15, 2022
Views
7,433
Likes
91
Comments
90
Engagement
2.44%
June 15, 2022
7,433
91
90
2.44%
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2:38Now PlayingPresident Biden is pointing to his success in creating new jobs amid skyrocketing inflation and polls that show Americans’ disapproval of his handling of the economy. Biden blamed exploding prices on Vladimir Putin’s war in Ukraine. After raising interest rates twice this year, the Federal Reserve is expected to hike rates tomorrow by three-quarters of a percentage point – the most since 1994.
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