The Fed: It’s been decades since the White House has warned the Fed the way Kudlow just did

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National Economic Council Director Larry Kudlow speaks during an interview in front of the White House.

It has been a long time —the early 1990s in fact— since a White House tried to influence Federal Reserve policy the way Trump economic advisor Larry Kudlow did on Friday.

In an interview with Fox Business News, Kudlow jawboned the Fed, saying: “My hope is that the Fed, under its new management, understands that more people working and faster economic growth do not cause inflation.”

Read: Kudlow jawbones the Fed

“My hope is that they understand that and that they will move very slowly,” he added.

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