2018-10-10 — cbsnews.com
Mr. Trump, asked by reporters in Pennsylvania if he's worried about the sell-off, said he's not and launched into his frustrations with the Fed. On Tuesday, the president said he doesn't like the Fed's decision to continue to hike interest rates, something he's said before. Higher interest rates are one of the multiple factors being blamed for the drop.
"No, I think the Fed is making a mistake. They're so tight," Mr. Trump said. "I think the Fed has gone crazy. So you could say that, well, that's a lot of safety actually and it is a lot of safety, and it gives you a lot of margin. But I think the Fed has gone crazy."
That's right, debt-glutton Trump thinks the Fed has gone batty with rate-raises at a -- are you ready for this? -- stratospheric 2.18 percent!!! Dear god, stop the carnage!!!
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