IPFS News Link • Federal Reserve
Kudlow Claims Fed Still Has "Ultimate Bazooka"
• https://www.zerohedge.com, Tyler DurdenAs senior Trump Administration officials fanned out across the major market-news channels to try and keep the market's fire burning this morning with some well-timed and appropriately un-subtle jawboning, one comment stood out by far.
While both Treasury Secretary Steven Mnuchin and Larry Kudlow have insisted that President Trump is looking to re-open the US economy "as quickly as possible" - though not before health officials have had their say - Kudlow took things a step further by dismissing worries about another drop to new lows by saying the Fed is sitting pretty with what he called - "the ultimate bazooka."