Network reports, early this morning, the Fed cut interest rates by 50 basis points, the first rate cut in more than 4 years。Former U.S. President Donald Trump said the Fed's 50 basis point rate cut showed that "assuming they're not just playing politics, the economy is in very bad shape to drop so much."。"This is a big rate cut.。Trump added。Earlier, U.S. Vice President Harris called the Fed's decision good news for Americans。