Interest Rates: Larry Kudlow and Ever-More-Strident Blasts

interest rates: Now, his ever-more-strident blasts at the central bank, most recently calling on the Fed to slash interest rates and to revert to crisis-era policies, along with attempts to pack its board with political loyalists, lack validity, according to The Independent. I personally think the Fed should drop rates, they've really slowed us down, Trump said on Friday, echoing statements from both Larry Kudlow, the head of the National Economic Council, and Stephen Moore, whom the president said he would nominate to the central bank's board of governors. Photograph by Justin Sullivan/Getty Images Text size Last fall, this column wrote why President Donald Trump was right in his criticism of the Federal Reserve. There's no inflation, the chief executive continued. The latter refers to the Fed's liquidity injections to counter the financial crisis and great recession. In terms of quantitative tightening, it should be quantitative easing. (news.financializer.com). As reported in the news.