Why Trump’s Fed Bashing Is Encouraging

By Anonymous

Criticism of the central bank has usually meant that it is taking politically unpopular but economically important steps

President Trump called the Federal Reserve’s recent interest-rate increases “a mistake,” suggesting that the central bank was to blame after Wednesday's stock-market plunge. Photo: AP Images

Donald Trump is none too pleased with the Federal Reserve. That is a good thing.

On Thursday, the president launched into a third day of verbal abuse of the central bank.

“The Fed is getting a little too cute,” he told Fox & Friends. “That’s all. It’s ridiculous what they’re doing.”