Donald Trump has expressed strong skepticism regarding the Federal Reserve's recent decision to cut interest rates by 0.50 percentage points, the first cut since 2020. He described the move as a sign that the U.S. economy is 'very bad' and accused the Fed of 'playing politics' to benefit Vice President Kamala Harris ahead of the upcoming elections. Many Republicans are divided over the Fed's actions, with some criticizing the timing of the cut as politically motivated. While Trump argues against potential rate cuts before the 2024 election, other GOP members believe the timing is appropriate. The Fed maintains that its decision is not politically influenced, but the political implications remain a heated topic as both Trump and Harris attempt to leverage the situation for campaign gains.