Just 1 day after saying he has not met with Powell because he did not want to interfere, Trump slams the Fed as “crazy”.

Bloomberg reports Trump Steps Up Fed Pressure With ‘Gone Crazy’ Jab After Sell-off.

President Donald Trump slammed the Federal Reserve as “crazy” for its interest-rate increases this year in comments hours after the worst U.S. stock market sell-off since February.

“The Fed is making a mistake,” he told reporters on Wednesday as he arrived in Pennsylvania for a campaign rally. “They’re so tight. I think the Fed has gone crazy.”

BREAKING: President Trump says “the Fed has gone crazy” https://t.co/ocRLvd570D

— CNBC Now (@CNBCnow) October 10, 2018

This is fresh on the heels of what I said yesterday in Trump Goes After Fed but Proclaims “I Don’t Want to Meddle”: Trump Translated

Three-Point Translation

  • I said I don’t want to meddle, but I really do.
  • I am worried about the stock market.
  • Please don’t sink the stock market before the midterm elections or I may get really nasty.
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