US’ Kudlow: Fed may not hike rates in December due to softer inflation data - WSJ

Dhwani Mehta FXStreet

In an interview with the Wall Street Journal (WSJ), the US National Economic Council Director Larry Kudlow expressed his take on the US inflation and Fed’s rate hike outlook.

Key Points:

Federal Reserve might not raise interest rates in December due to softer inflation data

"I'm reading all these Fed officials are now saying that the inflation rate is actually coming down a bit."

"Sounds to me like the Fed's spokespeople are signaling maybe one more rate hike in December, later this month, and maybe no more for quite some time. Or maybe they won't move this month."

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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