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White House economic advisor Larry Kudlow is now delivering his comments on the GDP report and the U.S.-China trade conflict in an interview with CNBC.

Key quotes (via Bloomberg)  

  • Core capital goods spending growing at terrific rate.
  • I don’t buy into idea strong growth means higher inflation.
  • Trump’s policies rebuilding the economy.
  • I’m cautiously optimistic about China trade deal.
  • Economy gaining, not losing, momentum.
  • Inflation rate continues to slip lower and lower.