Kudlo: The reduced rate of interest by the Fed "goes in the right direction"

WASHINGTON (Reuters) – White House economic adviser Larry Codlo on Friday welcomed the Fed's decision to cut interest rates, saying the US central bank was moving in the right direction. meaning.

"The Federal Reserve has put an end to quantitative tightening," Kudlo told reporters. This is a big step in the right direction. I do not see any inflation. "

(Reuters)