FACT CHECK: Joe Biden Incor­rect­ly Claims He Has Not Spo­ken To Fed­er­al Reserve Chair Pow­ell Since He Became Pres­i­dent

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FACT CHECK: Joe Biden Incorrectly Claims He Has Not Spoken To Federal Reserve Chair Powell Since He Became President

Pres­i­dent Joe Biden said in Sept. 19 remarks that he hasn’t spo­ken with Fed­er­al Reserve Chair­man Jerome Pow­ell since he became president.Verdict: FalseThis state­ment is inac­cu­rate. Biden met with Pow­ell in May 2022, over a year into his pres­i­den­cy. Fact Check:  Biden said that the recent Fed­er­al Reserve rate cut sig­ni­fies that infla­tion in Amer­i­ca is low­er­ing in remarks made on Thurs­day at the Eco­nom­ic Club of Wash­ing­ton, D.C., accord­ing to ABC News. He added that this “doesn’t mean the work is done” in improv­ing the econ­o­my, the out­let report­ed. Dur­ing these re …