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Trump Assails Fed After U.S. Factories Falter Amid Trade War

  • ISM manufacturing index drops to weakest level since June 2009
  • Economists say trade war is the main culprit for export woes
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U.S. ISM Factory Index Sinks to 10-Year Low of 47.8
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President Donald Trump blamed Federal Reserve Chairman Jerome Powell and his colleagues at the central bank for hurting manufacturing companies after a key gauge of the industry’s health posted its weakest reading since the end of the last recession.