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EXPLAINED: Trump suggests fed s interest rate cut could be political - The Real Truth

Former President Donald Trump speaks in Clinton Township, Mich., Wednesday, Sept. 27, 2023. (AP Photo/Mike Mulholland)

Former President Donald Trump suggested Wednesday that the Federal Reserve's decision to cut interest rates by half a point could be politically motivated. During a campaign stop in New York City, Trump expressed his view that the rate cut indicates either a struggling economy or political maneuvering by the Fed.

Trump stated, 'I guess it shows the economy is very bad to cut it by that much, assuming they're not just playing politics. The economy would be very bad or they're playing politics, one or the other. But it was a big cut.'

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