ChainCatcher reported that the Federal Reserve cut interest rates by 50 basis points this morning, the first rate cut in more than four years. Former US President Trump said that the Fed's 50 basis point rate cut showed that "if they are not just playing politics, then the economic situation is very bad to cut so much." "This is a big rate cut." Trump added. Earlier, US Vice President Harris said that the Fed's decision is good news for Americans. (Jinshi)