The Fed's Economic Outlook for the Next Six Months

Larry Kudlow: We're bringing in Michael Falkinger, professor of finance at the University of Maryland and former assistant secretary for economic policy at the treasury. He says he would see the Fed keeping interest rates about where they're at for at least the next six months on I don't know why Chairman Powell is indicating two more rate hikes to come. Fears that we were going to be having a recession latter half of this year but retail sales number was up 0.3. So it seems like there's more strength in it than I would have thought until yesterday's numbers.