Kudlow: Trump would like the Fed to stop shrinking balance sheet

Author: Adam Button | Category: Central Banks

Now the commander in chief is dabbling in the finer points of monetary policy?

  • White House thinks Fed went too far with rate hikes
  • At some point I wouldn't mind seeing the Fed cut rates
  • I don't think the underlying economy is slowing
  • Many people surprised by low inflation
There is a gigantic cognitive dissonance in saying that growth is supercharged and promising +4% GDP while simultaneously arguing that 2.25% interest rates are crippling. Then again, these guys aren't strong on the cognitive harmony.

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