Kudlow says there have been no conversations to get rid of Powell

Author: Adam Button | Category: News

Kudlow doing the media rounds:

  • Looking for Trump-Xi meeting venue
  • US monetary policy moving in the right direction
  • Official statements from China sound more optimisitc, positive than in past, a 'leading indicator' for a deal
  • Tariff hikes still on the table until Phase One completed
  • Issues to go on enforcement, forced tech transfer may be put into Phase Two
  • Financial services and FX chapters of trade deal are virtually wrapped up, along with agriculture
This is getting some of the credit for the rally in the stock market but it sounds like the usual bluster. The White House certainly talked about getting rid of Powell but there isn't really a mechanism to do it.
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