LARRY KUDLOW: Protecting Trump’s golden age

According to the sources, the president of the Federal Reserve, Jerome Powell, took to the wood yesterday at his oval office. Of course, Mr. Trump from the Federal Reserve wants to reduce the target rate. Of course, of course, Powell avoids any changes in politics. But do you know what? Trump is right in this one.

The latest inflation report shows today that the Federal Reserve’s favorite procedure, which is the Personal consumption coefficient, has increased by only 2.1 % annually during the past three months. And the same 2.1 % over the past 12 months. The goal of the Federal Reserve 2 %. Therefore, you think Powell and Co. They will publicly suggest that they have reached the home board. Certainly, it makes you wonder about reducing the Federal Reserve Jumbo rate for more than six months, when the inflation rate was almost higher than it is today. The indicators of commodity have drew greatly – Trump’s right to it as well.

By the way, if anyone cares, the width of the money was great for some time now. Here is another point: President Trump’s definition diplomacy for free and mutual trade, and his battle to open the markets for American business exports, will basically be suspended for a period of time as a result of some active judges who seem to be determined to stand on the president’s path. Trump has been fighting unfair commercial practices for a long time.

The global trading system has been broken for more than three decades. Important commercial partners, especially China, have huge tariff barriers and non -fire. But these active judges who interfered in many tramp policies to drain the swamp, they steal it now, and they have an important American people even on the stadium and enhance American prosperity, especially the working class alliance that supports it. Therefore, on the one hand, we have a group of cash judges at the Federal Reserve Bank standing on the Trump road and a group of all active judges standing on the Trump road in trade and everything else. As you know, he is the CEO. On November 5, the country gave him a loud yes for his policy delegations.

Trump wants the golden age of economic growth, just like Ronald Reagan. Trump wants the rising tide to lift all boats. But be reassuring, regardless of the road barriers that are on his way, Trump will continue to fight for the American greatness – Just as Ronald Reagan did.