Fed Should Cut Rates “Immediately,” Says White House Advisor

This article was originally published on ETFTrends.com.

U.S. President Donald Trump isn’t happy with the Federal Reserve simply keeping rates unchanged last week. According to White House economic advisor Larry Kudlow, rates should be cut “immediately” by 50 basis points. The decision to keep rates steady last week was widely anticipated by the capital markets as the central bank elected to keep rates [...]

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