President Biden speaks on strategy of building the economy around working people — 6/14/22

President Biden delivers remarks on his strategy of building the economy around the power and possibilities of working people. Biden speaks at the 29th AFL-CIO Quadrennial Constitutional Convention in Philadelphia, Pennsylvania on Tuesday.

Central bank policymakers are entertaining the idea of a 75 basis point increase to the Fed’s benchmark funds rate that banks charge each other for overnight financing, according to CNBC’s Steve Liesman.

Changes in the economic outlook, including the likelihood that inflation hasn’t peaked and is running well ahead of the Fed’s 2% goal, could influence a bigger rate move during the two-day meeting that concludes Wednesday.

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President Biden speaks on strategy of building the economy around working people — 6/14/22

Видео President Biden speaks on strategy of building the economy around working people — 6/14/22 канала CNBC Television