Larry Kudlow to Newsmax TV: Fed may lower rates further - NewsMax

U.S. National Economic Council director Larry Kudlow told Newsmax TV that the Federal Reserve Board might be considering cutting interest rates further.

"I think the Fed is moving toward rate cuts," Kudlow said. "That is my view. It's true in the open market, the funds rate has traded a bit high, but I think they're moving toward rate cuts."

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