Economic news
Trump on Fed’s actions: ‘It was a big cut’
2024.09.18 17:25
WASHINGTON (Reuters) – Republican presidential candidate Donald Trump commented on the U.S. Federal Reserve’s rate cut on Wednesday by saying “it was a big cut.”
The Federal Reserve on Wednesday kicked off what is expected to be a series of interest rate cuts with an unusually large half-percentage-point reduction.
“To cut it by that much, assuming they’re not just playing politics, the economy would be very bad,” Trump told reporters.
