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Direct: US President Donald Trump continued to criticize the Federal Reserve, demanding a rapid rate cut as the central bank quickly raised it.
The US president said in a Twitter tweet on Wednesday: "The Federal Reserve acted very quickly when it raised interest rates in the past, but it is now too late to cut back."
Earlier this month, Trump asked the central bank to cut interest rates by one percentage point.
Trump approved on Twitter what a guest from Fox Business said: "Up to now, 300 billion dollars of Chinese tariffs have been imposed, but you can not tell me that it has harmed to our economy, and that this really has led to no big price increases. "
Trump's comments come as the US stock market suffers heavy losses due to fears of a US recession.
The Fed cut interest rates by 25 basis points last month for the first time in 10 years.
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