In an interview with the Wall Street Journal (WSJ), the US National Economic Council Director Larry Kudlow expressed his take on the US inflation and Fed’s rate hike outlook.
Key Points:
Federal Reserve might not raise interest rates in December due to softer inflation data
“I’m reading all these Fed officials are now saying that the inflation rate is actually coming down a bit.”
“Sounds to me like the Fed’s spokespeople are signaling maybe one more rate hike in December, later this month, and maybe no more for quite some time. Or maybe they won’t move this month.”
Share
