White House press secretary Karine Jean-Pierre is holding a press briefing at 1 p.m. CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER The briefing comes after walkie-talkies detonated at a Hezbollah funeral in Beirut,

Jared Bernstein joins press secretary Karine Jean-Pierre at the briefing after the Federal Reserve cuts interest rates right before the election.

President Biden gives remarks at the event in DC after the Federal Reserve's historic move.

White House Chief of Staff Jeff Zients told reporters on a briefing call late Wednesday that Biden would be using the address to “speak to a new milestone” being reached, with interest rates and inflation dropping while wages and America’s GDP are simultaneously going up.

President Biden is slated to deliver remarks Thursday afternoon at the Economic Club of Washington, D.C., one day after the administration announced it was slashing interest rates. White House chief of staff Jeff Zients previewed that Biden’s speech is “not meant to be a declaration of victory,