WASHINGTON—President Joe Biden will address Wall Street executives on Thursday at a lunch hosted by the Economic Club of Washington, D.C., where he is anticipated to highlight his economic policies.
During the event, Biden is expected to tout progress made since taking office, including the United States’ response to the pandemic, and will blame the rise in inflation on Russia’s invasion of Ukraine.
“President Biden is going to speak to a new milestone, inflation and interest rates are falling at the same time, employment, wages, and GDP are rising,” White House Chief of Staff Jeff Zients told reporters during a call on Wednesday. “I want to be really clear, this is not meant to be a declaration of victory. It’s meant to be a declaration of progress, significant progress.”...
