“Such a big cut shows… either the economy is in very bad shape or they’re playing political games,” the former Republican president told reporters on the sidelines of a campaign trip.
And reduced the reserve Federal The US Federal Reserve on Wednesday raised its interest rate for the first time since 2020, by half a percentage point, bringing it to a range of 4.75 to 5 percent.
This reduction is good news for the Democratic candidate. Kamala Harris which seeks to highlight President Joe Biden’s economic achievements in its race against Trump.
Trump has repeatedly criticized the Fed chairman. Federal Jerome Paul He appointed him himself, hinting that the bank’s decisions were politicized, in accusations the US central bank strongly denied.
