Key Words: Trump says the Fed has ‘gone crazy’ after the Dow tumbles 830 points in one day

‘I think the Fed is making a mistake. It’s so tight, I think the Fed has gone crazy’

—President Donald Trump

That is the view that President Donald Trump shared of the Federal Reserve on Wednesday in the wake of a virtual bloodbath on Wall Street that resulted in the worst daily decline for the Dow Jones Industrial Average DJIA, -3.15% and the S&P 500 index SPX, -3.29% since both U.S. equity benchmarks tumbled into correction territory back in early February. The Nasdaq Composite Index COMP, -4.08% , meanwhile, suffered its ugliest day since U.K.

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