President Joe Biden is set to highlight the progress of the U.S. economy in a speech, emphasizing legislative achievements like the American Rescue Plan. While celebrating economic growth, Biden will stop short of declaring complete victory, acknowledging ongoing challenges such as inflation. His remarks come as the Federal Reserve has recently cut interest rates, and the administration continues to face scrutiny over economic issues. Biden's message is one of cautious optimism, stressing that while progress has been made, more work remains to be done.
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