President Joe Biden will give a speech on the economy and combating inflation on Tuesday as markets await his decision on the next Federal Reserve chair and possible moves to bring down U.S. energy prices.
For the U.S. central bank, Biden is choosing between Chair Jerome Powell and Fed Governor Lael Brainard, who is viewed as more liberal on climate change and bank regulation. The White House has said Biden will announce his choice before the Thanksgiving holiday on Nov. 25.
Biden to Speak on Economy on Tuesday With Fed Decision Looming - Bloomberg
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