Trump on Fed's actions: 'It was a big cut'

FILE PHOTO: Republican presidential nominee and former U.S. President Trump holds a campaign town hall meeting in Flint

WASHINGTON (Reuters) - Republican presidential candidate Donald Trump commented on the U.S. Federal Reserve's rate cut on Wednesday by saying "it was a big cut."

The Federal Reserve on Wednesday kicked off what is expected to be a series of interest rate cuts with an unusually large half-percentage-point reduction.

"To cut it by that much, assuming they're not just playing politics, the economy would be very bad," Trump told reporters.

(Reporting by Kanishka Singh in Washington)