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White House adviser says low inflation may push Fed to lower interest rates

Published 05/03/2019, 10:12 AM
Updated 05/03/2019, 10:15 AM
© Reuters. Larry Kudlow speaks at the White House in Washington

WASHINGTON (Reuters) - White House National Economic Council Director Larry Kudlow said in a television interview on Friday that he thinks the Federal Reserve is considering rate cuts due to low inflation.

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

"With these low inflation numbers, I think the Fed is actually looking at rate cuts ... Our views right now intellectually are not really far apart from the Federal Reserve, best I can determine," Kudlow said in an interview with Fox Business Network.

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