Jared Bernstein, economic adviser to Mr. Biden, who has not pressed Federal Reserve chairperson Jerome Powell since he was sworn in as president, said the intention of Mr. Biden's September 19 speech was that he had never discussed interest rates with him.
Biden economic advisor Jared Bernstein said U.S. inflation trends are in the right direction, but wages have risen for 17 consecutive months.
The actual employment growth in the United States in 2023 is far lower than the "Biden economics" effect claimed by the White House, and the inflated numbers may further increase in 2024 Click to view>& Gt;