Trump Slams 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.”
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
- 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.
Mike "Mish" Shedlock