Home > Quick > Body

Trump: Fed rate cut shows "economy is very bad"

clock
2024-09-19 00:49:44
The Fed cut interest rates by 50 basis points in the early hours of this morning, the first cut in more than four years. Former President Donald Trump said the 50 basis points showed that "assuming they were not just playing politics, the economy would be in very bad shape to drop this much". "This is a big rate cut," Trump added. Earlier, Vice President Harris said the Fed's decision was good news for Americans.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.