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Trump blasts the Fed for its rate hikes as the Dow plunges 800 points

Daily Mail
Trump blasts the Fed for its rate hikes as the Dow plunges 800 points

President Donald returned to bashing the Federal Reserve after a rocky day on Wall Street that saw the Dow Jones Industrial Average plunge more than 800 points, its worst drop in eight months. Trump also said the market was in a 'correction' – a term normally associated with a steep 10 per cent drop in market value. The president told reporters on the airport tarmac en route to a rally in Erie, Pennsylvania following the stock drop that the Federal Reserve 'has gone crazy.' Trump has previously gone after the Fed's slow series of interest rate hikes, even as he has hailed the steady growth of the U.S. economy and some of the lowest unemployment rates in decades.   'No, I think the Fed is making