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  • Reuters

    Trump on Fed's actions: 'It was a big cut'

    By Reuters,

    8 days ago
    https://img.particlenews.com/image.php?url=1lkXoq_0vbG87y200

    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.

    (Reporting by Kanishka Singh in Washington)

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