May 3, 2019 / 2:14 PM / 20 days ago

White House adviser says low inflation may push Fed to lower interest rates

White House economic adviser Larry Kudlow speaks to reporters at the White House in Washington, U.S., April 29, 2019. REUTERS/Kevin Lamarque

WASHINGTON (Reuters) - White House National Economic Council Director Larry Kudlow said in a television interview on Friday that he thinks the Federal Reserve is considering rate cuts due to low inflation.

“With these low inflation numbers, I think the Fed is actually looking at rate cuts ... Our views right now intellectually are not really far apart from the Federal Reserve, best I can determine,” Kudlow said in an interview with Fox Business Network.

Reporting by Makini Brice and David Lawder

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