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Experts blamed President Joe Biden's administration for the downgrade of the US credit rating on Tuesday, they told the Daily Caller News Foundation.
Biden has taken credit for the economic growth data from the BEA for the second quarter of 2023, but some experts still see signs of poor economic conditions.
The Federal Reserve hiked its benchmark federal funds rate by a quarter of a percentage point on Wednesday, bringing the rate to the highest level since 2001.
The policies of President Joe Biden’s administration are undermining the strength of the U.S. dollar and jeopardizing America’s worldwide influence, economists told the Daily Caller News Foundation.
‘Catastrophic’: Biden’s Policies Put US Dollar’s Global Dominance At Risk, Economists Say Jason Cohen on July 16, 2023 The policies of President Joe