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Trump Calls Stock Sell-Off 'A Correction,' Says Federal Reserve is 'Crazy'

U.S. President Donald Trump said that Wednesday's stock market sell-off was in fact a long-awaited "correction," and that the Federal Reserve, which has been raising U.S. interest rates, had gone "crazy." Trump's use of the word correction to describe the sell-off could be significant. A stock market correction is defined as a decline of at least 10 percent from the high point of the past 52 weeks, suggesting that major U.S. indices have further to...

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