Despite a new report showing inflation rose again in March, President Joe Biden says he thinks the Federal Reserve will cut rates this year. "Well, I do stand by my prediction that, before the year is out, there’ll be a rate cut," Biden said Wednesday at a White House press conference alongside Japanese Prime Minister Fumio Kishida.
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on…
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness/
Instagram: https://www.instagram.com/quicktake/?hl=en
