Slowing inflation may lead Fed to cut interest rates – Kudlow

April 29, 2019

WASHINGTON (Reuters) – Slowing inflation may lead the Federal Reserve to cut interest rates, White House economic adviser Larry Kudlow said in a television interview on Monday.

“The Fed is independent, but they have been themselves talking about coming and lowering their inflation target, which might mean a lower interest rate adjustment on their own timetable,” Kudlow said to Fox Business Network.

(Reporting by Makini Brice)

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