October 10, 2018 / 9:41 PM / 5 days ago

Trump calls stock sell-off a correction, says Fed 'crazy'

ERIE, Pa., Oct 10 (Reuters) - U.S. President Donald Trump said Wednesday's stock market sell-off was a correction that was long awaited, and that the Federal Reserve, which has been raising interest rates, has gone "crazy."

“Actually it’s a correction that we’ve been waiting for for a long time, but I really disagree with what the Fed is doing,” Trump told reporters before a political rally in Pennsylvania.

“I think the Fed has gone crazy,” Trump said. (Reporting by Jeff Mason; Writing by Mohammad Zargham; Editing by Kevin Drawbaugh)

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