Golden Finance reported that Kamala Harris' campaign team harshly criticized Donald Trump's comments on the Federal Reserve's first interest rate cut in four years and focused on economic issues before the November presidential election. Republican candidate Trump expressed his views within hours after the Fed's 50 basis point rate cut on September 19, calling it a 'political move' and stating that a 25 basis point rate cut would be appropriate. He had previously suggested that an independent Central Bank should be subject to some degree of control by the executive branch.
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Golden Finance reported that Kamala Harris' campaign team harshly criticized Donald Trump's comments on the Federal Reserve's first interest rate cut in four years and focused on economic issues before the November presidential election. Republican candidate Trump expressed his views within hours after the Fed's 50 basis point rate cut on September 19, calling it a 'political move' and stating that a 25 basis point rate cut would be appropriate. He had previously suggested that an independent Central Bank should be subject to some degree of control by the executive branch.