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I'm Daily Wire Editor-in-Chief John Bickley with Georgia Hal.

It's Thursday, September 19th and this is your Morning Wire afternoon update.

President Biden addressed the Economic Club of... your update.

President Biden addressed the Economic Club of Washington today

touting what he said is economic progress

while also acknowledging major challenges.

Daily Wire senior editor Cabot Phillips has more.

President Biden specifically addressed rising wages and inflation, as well as the Federal Reserve's recent

rate cut, while emphasizing the need to tackle affordability issues like housing and child care.

Invest in all of America and in all Americans.

When we do things for the poor and have they have a ladder up, the middle class does very well, and a wealthy continue to do very well.

We all do well, and we are doing well.

Biden later falsely claimed that he had, quote, never once spoken to Fed Chair Jerome Powell since becoming president

but the two have met numerous times. Reactions to yesterday's cut have been

mixed with some economists saying it was the right move while others

disagreed.

C. M. C. M. C. B. S. Brian Sullivan, for example, called the cut bizarre,

...