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Forex trading idea
Trump on Fed's actions: 'It was a big cut'
pctay123
Publish Date: Wed, 18 Sep 2024, 20:56 PM
WASHINGTON, Sept 18 (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.
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https://www.reuters.com/world/us/trump-feds-actions-it-was-big-cut-2024-09-18/