Detailed text transcripts for TV channel - FOXNEWS - 20181125:10:04:00
Reporter: that's right. they've had the worst week of the year. the dow was down 4.4 percent, the s&p 500 done 10 percent. the wall street journal is reporting that the president is unhappy with the recent stock market declines and drawing for the secretary, steve mnuchin, mainly because he is the one who recommended the appointment of federal reserve chairman jerome powell. powell has raised interest rates three times this year. so far from a .5 percent and 2.75 percent they say he thinks that he is raising interest rates way too fast it is something growth. they consider interest rate hikes ...