President Joe Biden to deliver speech on domestic economy

Washington, Jun 23 (RHC) The White House announced Friday that President Joe Biden will travel to Chicago coming Wednesday to deliver a speech on the country's economy.

According to a press release, Biden’s “major address” will be on “Bidenomics”, which is the president’s “vision for growing the economy from the middle out and the bottom up, not the top-down”.

Biden faces the uphill battle of convincing voters that the U.S. economy is strong after he has spent the last year digging it out of a host of economic setbacks, according to The Hill.

His remarks in Chicago will come a few weeks after the news that inflation fell to its lowest rate since March 2021 and after the Federal Reserve (Fed) opted to keep interest rates unchanged for the first time since January 2022.

While in Chicago, Biden will also participate in a campaign reception. He has been traveling to Democratic strongholds, New York City and San Francisco, to fundraise ahead of his first 2024 campaign finance report in July. (Source: Prensa Latina)