In the run-up to the presidential election, Donald Trump, the Republican nominee, has voiced his disapproval of the Federal Reserve’s recent decision to slash its benchmark interest rate by half a percentage point. Trump suggests this move could be indicative of a faltering U.S. economy or a politically motivated action. What Happened: Trump expressed skepticism over the Federal Reserve’s decision. This critique comes as the November presidential election is just around the corner, reported The Financial Times. “I guess it shows the economy is very bad to cut it by that much, assuming that the…
