Donald Trump said the Federal Reserve’s decision to cut its benchmark interest rate by half a percentage point on Wednesday showed the U.S. economy was either “very bad” or the central bank was “playing politics,” the Financial Times reports.
Said Trump: “I guess it shows the economy is very bad to cut it by that much, assuming that they are not just playing politics. The economy would be very bad, or they are playing politics, one or the other. But it was a big cut.”
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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.
Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.
Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.
Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.
Goddard is the owner of Goddard Media LLC.