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“It was a big discount,” by Reuters

WASHINGTON (Reuters) – Republican presidential candidate Donald Trump on Wednesday commented on the U.S. Federal Reserve’s interest rate cut saying “it was a big cut.”

© Reuters. FILE PHOTO: Republican presidential candidate and former U.S. President Donald Trump speaks during a campaign town hall moderated by Arkansas Governor Sarah Huckabee Sanders in Flint, Michigan, U.S., September 17, 2024. REUTERS/Brian Snyder / File Photo

The Federal Reserve on Wednesday launched what is expected to be a series of interest rate cuts with an unusually large cut of half a percentage point.

“To cut that much, assuming it’s not just politics, the economy would be very bad,” Trump told reporters.

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