LARRY KUDLOW: The Fed is playing politics
The Fed is playing politics and that's the subject of the riff. Almost every new economic number coming out of Washington shows just how political the Fed decision was to launch their 50 basis point jumbo-sized rate reduction in mid-September. First came the embarrassingly outsized jobs report — no matter that its principal contributor was government-linked jobs. Still, it was a big number and big job numbers are not usually consistent with jumbo interest rate cuts from the cent
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