Director Kudlow: The market is worried that pro-growth policies could be overturned after the midterms.
The New York Fed’s Liberty Street Economics explains its current DSGE model prediction of 3.1% GDP growth (up from 2.3% in July) due to higher productivity growth and accommodative monetary policy.
What a $558K bottle of wine says about the Fed’s fears of inflation.
Director Kudlow: We are working on a new tax cut for the middle class.
Photo Credit: Gage Skidmore