Biden says inflation report ‘may delay’ expected interest rate cut ...Middle East

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President Biden on Wednesday said that the March report on inflation, which ticked higher, may delay an expected interest rate cut from the Federal Reserve. Biden last month predicted the Federal Reserve will cut interest rates, a move that could give the president a boost ahead of November's election while he campaigns on his work to improve the economy and combat inflation. He said on Wednesday, during a press conference with Japanese Prime Minister Fumio Kishida, that he’s sticking with his prediction of a cut before year's end, but there could be a delay. “This may delay it a month or so, I’m not sure of that. We don’t know what the Fed is going to do for certain,” Biden sai

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