Fed’s Bold 1% Rate Cut Signals Economic Alarm — Trump Calls It ‘Right Move

The Federal Reserve shocked markets by slashing interest rates by a full 1% in a bold move to combat mounting economic uncertainty, marking one of the most aggressive cuts since the 2008 crisis. The decision, aimed at addressing slowing growth, cooling inflation, and rising global risks, was met with swift approval from former President Donald Trump, who called it “the right move” and criticized the Fed for not acting sooner. While markets reacted with initial optimism, some analysts warned that such a drastic cut signals deeper concerns about the economy’s health. Critics also raised alarms over potential political pressure influencing the Fed’s independence, as Trump has long pushed for looser monetary policy. With uncertainty ahead, the cut marks a pivotal shift in the economic landscape.

NEWS