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Larry Kudlow shares the perspective of former Federal Reserve Board of Governors member Stephen Miran, who argues that additional rate hikes by the Fed would signal to America that the central bank does not respond to economic data.
Miran’s position highlights concerns about the credibility of data-driven monetary policy at the Fed.
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Kudlow has previously highlighted the Trump-Bessent economic boom, pointing to energy and manufacturing growth as key drivers in recent coverage. He also noted a surge in U.S. manufacturing capital expenditure and factory construction in another report. These developments come as the debate over the Federal Reserve's data-driven approach continues.