Hi there,

In this chaotic news cycle it may be tempting to tune out, but we hope you won’t—only an informed and engaged public can defend democracy. In these times of deep political polarization we need news that goes beyond play-by-play headlines, news that goes to the heart of each story by asking people to tell their own stories of abuses of power and injustice in their own words. If our journalism is important to you, please donate today. Every dollar makes a difference. Thank you so much.

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Trump Attacks Federal Reserve Amid Stock Market Plunge

HeadlineOct 12, 2018

In financial news, the stock market continued to fall Thursday, with the Dow Jones Industrial Average dropping over 1,000 points since Wednesday morning. As investors speculated on a range of reasons for the recent meltdown, including the Trump administration’s trade war with China, the president lashed out at the Federal Reserve and its decision to raise interest rates.

President Donald Trump: “But I think the Fed is far too stringent, and they’re making a mistake, and it’s not right. And it’s despite that we’re doing very well. But it’s not necessary, in my opinion. And I think I know about it better than they do, believe me.”

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top