Biden clearly linked the aftermath of the pandemic – with shipping lanes clogged, goods scarce and people shut in and working remotely – to the economic problems he faced. But he also blamed Russian President Valdimir Putin’s 2023 invasion of neighboring Ukraine for driving up energy prices, adding to inflation.

Biden on Thursday touted the work that his administration has done in steering the nation’s economy over the last three-and-a-half years and promised it would continue to prospe

U.S. President Joe Biden began touting the progress in bringing down inflation and boosting employment on Thursday, a day after the Federal Reserve's interest rate cut, while vowing to keep working to lower costs for American families.

Jared Bernstein joins press secretary Karine Jean-Pierre at the briefing after the Federal Reserve cuts interest rates right before the election.

In his first public remarks since the Federal Reserve announced interest rate cuts, President Biden says there is "more work to do" to improve the economy.