On Wednesday’s broadcast of Bloomberg’s “Balance of Power,” Sen. John Kennedy (R-LA) discussed the Federal Reserve’s decision on rates earlier in the day and said that “The labor market’s okay, it’s not great” and tariffs are one cause of inflation.
Kennedy said, “I guess I’d make two points: Number one, let’s not lose sight of the big picture, I wouldn’t trade the American economy right now for any economy in the world, not China, not Germany, not anybody in Europe, not Canada. Number two, I think the Fed didn’t hike because they don’t know what to do. Now, they’re not going to come out in front of the American people...
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