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LARRY KUDLOW: Protecting Trump's golden age

Summary by Fox Business

According to sources, a stern President Trump took Fed head Jerome Powell to the woodshed yesterday in their Oval Office meeting. Of course, Mr. Trump wants the Fed to lower its target rate. And equally, of course, Powell has stubbornly avoided any policy changes. But you know what? Trump is right on this one. The latest inflation report out today shows the Fed's favorite measure, the personal consumption deflator, has risen only 2.1% annually o…

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LARRY KUDLOW: Protecting Trump's golden age

According to sources, a stern President Trump took Fed head Jerome Powell to the woodshed yesterday in their Oval Office meeting. Of course, Mr. Trump wants the Fed to lower its target rate. And equally, of course, Powell has stubbornly avoided any policy changes. But you know what? Trump is right on this one. The latest inflation report out today shows the Fed's favorite measure, the personal consumption deflator, has risen only 2.1% annually o…

5 days ago·United States

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Fox Business broke the news in United States 5 days ago on Friday, May 30, 2025.

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