W3Schools

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

Getty Images
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.

>>> Original Source <<<

Comentários