Monday, April 8, 2019

Another Indication That Trump's Nominee Moore Wants Lower Interest Rates

Stephen Moore 
On Sunday, expected Federal Reserve board nominee Stephen Moore spoke on the “The Cats Roundtable” radio show which is hosted by John Catsimatidis on AM 970 in New York City.

“I’m not going to comment and that’s just because of my situation under nomination,”  he said according to the New York Post.

But he then added, “I will say this, that I’ve written publicly before this all came about that I think the Fed is a little bit too tight right now.”

He went on to say that “there is a case to be made possibly for a rate decrease.”

Bottom line, Moore is an aggressive money printing advocate. He would be a dangerous inflationsit influence on the Fed.

-RW

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