ChainCatcher news, early this morning, the Federal Reserve cut interest rates by 50 basis points, marking the first rate cut in over four years. Former U.S. President Trump stated that the Federal Reserve's 50 basis point cut indicates, "Assuming they are not just playing politics, the economic situation must be very bad to warrant such a large cut." "This is a significant rate cut," Trump added. Previously, U.S. Vice President Harris stated that the Federal Reserve's decision is good news for Americans. (Jin Shi)