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Commenting on the disappointing retail sales data,  White House economic advisor Larry Kudlow told CNBC that the Fed would now hopefully ‘step aside.’ Kudlow further argued that there could be ‘glitches’ in the sales figures. Regarding the trade talks, Kudlow said there has been no decision on whether to push the March 1 deadline and announced that U.S. negotiators were going to meet China’s Xi on Friday.