(CNN) President Donald Trump blamed the Federal Reserve for Wednesday's 832-point stock dive.

"I think the Fed is making a mistake. They're so tight. I think the Fed has gone crazy," Trump told reporters on the tarmac in Pennsylvania.

"It's a correction that we've been waiting for for a long time," he said of the more than 800-point drop.

"I really disagree with what the Fed is doing," Trump said.

The Federal Reserve has steadily tightened monetary policy amid an economic boom in the United States, something Trump has repeatedly criticized.

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