‘Playing politics': Donald Trump, JD Vance react to Fed’s ‘big’ interest rate cut; Will this move impact US election?
Sep 19, 2024 4:09 PM IST
The US central bank announced a long-awaited half-percentage-point cut to its key lending rate on Wednesday, garnering reactions from Kamala Harris and Trump.
![Following Jerome Powell's announcement, Kamala Harris reaffirmed her commitment to tackling inflation. Meanwhile, Donald Trump stated that rate cut “shows the economy is very bad, to cut [interest rates] by that much, assuming [the Fed] is not just playing politics.”](https://www.hindustantimes.com/ht-img/img/2024/09/19/400x225/In-this-combination-photo--Democratic-vice-preside_1725908659774_1726740935143.jpg "Following Jerome Powell's announcement, Kamala Harris reaffirmed her commitment to tackling inflation. Meanwhile, Donald Trump stated that rate cut “shows the economy is very bad, to cut [interest rates] by that much, assuming [the Fed] is not just playing politics.”")
Following Jerome Powell's announcement, Kamala Harris reaffirmed her commitment to tackling inflation. Meanwhile, Donald Trump stated that rate cut “shows the economy is very bad, to cut [interest rates] by that much, assuming [the Fed] is not just playing politics.”
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