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"As I say , we want them to have not traveled, I notice from the various reports and so on that they have changed their views, I do not think that rates will rise for the foreseeable future, maybe never in one in my lifetime, "said 71-year-old Powe ll and Fed vice president Richard Clarida.
"Whether they will fall, I have nothing against those who fall," he continued, and hastened to warn that he did not attempt to undermine the independence of the Fed. "I do not storm the powers, again the Fed is independent."
But while repeatedly telling that the Fed remained isolated from political influence, a matter raised by Trump's frequent public criticism of Powell, he defended President's breaks with the Fed chief.
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"That doesn't mean we can't express our views periodically," Kudlow said.
He insisted that Powell was not on the White House block, indirectly revoking reports that Trump is unhappy with Powell in the midst of a possible economic downturn that could cut his 2020 re-election announcement.
"Personally, he speaks with confidence," said Kudlow, and predicted Powell would "prove to be a good president" and praise him as a "brilliant, brilliant man."
But he also dropped the idea that the White House and the central bank were in conflict with economic policy.
"I'm not sure the differences between the Fed's world view and our world view are as large as they are sometimes portrayed," he said.
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