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Larry Kudlow points to progress in the fight against inflation, noting recent positive developments with Kevin Warsh as the new Federal Reserve head.
He highlights that while the inflation battle is ongoing, recent gains—such as the S&P 500 reaching a record high—are being welcomed, with roughly 156 million American adults said to be enjoying these market gains.
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Kudlow previously noted the American economy’s strong performance as the Dow Jones set a fresh all-time high near 53,178. He has also reported that reopening the Strait of Hormuz could lead to a drop in oil prices. These observations add context to his current outlook on inflation and market gains.