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Catherine Rampell: Trump’s arm-twisting of the Fed is what’s truly ‘loco’

President Trump keeps saying that Democrats want to model the United States on Venezuela. But the only one actually trying to turn us into Venezuela is Trump.

As stock markets plummeted Wednesday and Thursday, Trump lashed out at the Federal Reserve. He blamed the central bank, and not his trade wars, for the bloodbath.

"The Fed is going wild. I mean, I don't know what their problem is that they are raising interest rates and it's ridiculous," Trump told Fox News. "The Fed is going loco, and there's no reason for them to do it. I'm not happy about it," he said.