In an interview with Bloomberg TV, the White House Economic Adviser Larry Kudlow expressed his take on the US labor market and dollar.
Key Headlines:
People are moving back into the labor force due to higher wages.
Long-term yields reflect expectations for strong growth.
A healthy dollar is a healthy economy.
We’re not trying to influence Fed or dollar policy.
Trump thinks the relationships with China is broken.
There is discussion about a possible Trump-Xi meeting.