Well, after months of presidential complaining, tweeting, and pressuring, Donald Trump finally got a rate cut from the Fed.

A lower interest rate was supposed to stimulate the stock market and make the dollar cheaper versus the currencies of exporting countries -- thereby making U.S. products more competitive according to Trumponomics. Instead, stocks fell and the U.S. Dollar Index broke out to a two-year high following the Federal Reserve’s policy move on Wednesday.

Edward Lawrence Fox Business: And the Federal Reserve cuts interest rates a quarter of a percentage point, the interest rate range now at 2% to 2.25%. The Federal Reserve also announced that it would stop the roll off of its balance sheet two months early, starting on August 1st. Now the distinction there is that Treasuries will still be reinvested as they're matured and that leaves the balance sheet at about $4.2 trillion.

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