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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.”