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October 12, 2018

Trump Attacks Federal Reserve amid Stock Market Plunge
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In financial news, the stock market continued to fall Thursday, with the
Dow Jones Industrial Average dropping over 1,000 points since Wednesday
morning. As investors speculated on a range of reasons for the recent
meltdown, including the Trump administration's trade war with China, the
president lashed out at the Federal Reserve and its decision to raise
interest rates.

President Trump: "But I think the Fed is far too stringent and they're
making a mistake and it's not right. And it's despite that we're doing
very well. But it's not necessary in my opinion. And I think I know
about it better than they do, believe me."