Kudlow: Fed Must ‘Go Very, Very Slowly’ on Future Rate Hikes

Economic guru Larry Kudlow is urging the Federal Reserve to step lightly as it proceeds to tinker with monetary policy while the Trump administration and Congress struggles to enact corporate tax reform.

“The Fed should restrain its restraint. They should go very, very slowly here,” he told CNBC when asked about his prediction of future rate hikes this year.

“As long as the market indicators are calm and steady, I say to the Fed halt your fire and wait. Wait for corporate tax cuts,” said Kudlow, a Newsmax Finance Insider, radio talk-show host and CNBC senior contributor.

“More people working more hours does not cause inflation. That’s a good thing, not a bad thing. Prosperity does not cause inflation,” said Kudlow, who served as the Trump campaign’s senior economic adviser.

“Monetary policy affects inflation. If the Fed is creating too much money, you’ll see it in a crashing dollar, in a soaring gold



Leave a Reply

Recent Posts

Trump Supporters: Get Your 2020 'Keep America Great' Shirts Now!

Are you a proud supporter of President Donald Trump?

If so, you’ll want to grab your 2020 re-election shirt now and be the first on your block to show your support for Trump 2020!

These shirts are going fast so click here to check for availability in your area!


More Popular Stuff for Trump Supporters!

MUST SEE: Full Color Trump Presidential Coin (limited!)

Hilarious Pro Trump 'You are Fake News' Tee Shirt!

[Exclusive] Get Your HUGE Trump 2020 Yard or House Flag!