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.
