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Kudlow Faults Negative Interest Rates, Contradicting Trump

  • ‘It’s not worked,’ Kudlow said of ‘zero and negative rates’
  • Trump on Wednesday called for rates of zero or below
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Trump Calls on Fed to Lower Interest Rates to 'Zero or Less'

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White House Economic Adviser Larry Kudlow criticized Europe’s low and negative interest rates, contradicting his boss, President Donald Trump, who earlier in the week tweeted that the U.S. Federal Reserve should pursue a similar approach by bringing down rates “to ZERO, or less.”