White House's Kudlow Say's Trump Won't Demand Fed Policy Change

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Опубликовано 17 октября 2018, 22:52
According to a report by Reuters, on Wednesday, White House economic advisor Larry Kudlow said that President Donald Trump was not demanding a policy change by the Federal Reserve after Trump again criticized the Fed, calling rising US interest rates his 'biggest threat.' In an appearance on the Fox Business Network, Kudlow said, "He is not interfering with their independence. He is not going over there to tell them to change their plans or their strategy.” However, economists have reportedly warned that Trump’s hectoring could eventually harm its legitimacy, which is already questionable at best.
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