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Larry Kudlow says the Fed is independent and the president is not dictating policy to central bank

October 11, 2018

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A day after President Donald Trump called the Federal Reserve “loco,” his top economic advisor said the White House is not trying to influence monetary policy.

Larry Kudlow, director of the National Economic Council, spoke Thursday to CNBC about the current state of the economy and its impact on markets.

On Trump’s remarks, he did not address them directly but said the administration knows the Fed has a job to do.

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