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Slowing inflation may lead Fed to cut interest rates: Kudlow

Published 04/29/2019, 12:31 PM
© Reuters. Larry Kudlow speaks at the White House in Washington

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.

© Reuters. Larry Kudlow speaks at the White House in Washington

"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.

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