What statement did President Biden make regarding the economic recovery?
U.S. Economy Returned To Growth Last Quarter, Expanding 2.6%
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The video discusses the recent GDP report showing a 2.6% growth, surpassing expectations and boosting economic confidence. The White House is relieved by these numbers, countering recession fears. Despite positive signs, the Federal Reserve is expected to continue raising interest rates to combat inflation, with a potential rate hike announcement next week.
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What is the Federal Reserve expected to announce in their upcoming meeting?
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