The rise in interest rates is “a sign of economic health, that is something to be welcome and not feared,” Kudlow said on CNBC . “The president is not dictating policy to the Fed. “The problem in my opinion is Treasuries and the Fed. The Fed is going loco and there is no reason for them to do it and I’m not happy about it. “The Fed raised interest rates last month, and is expected to do so again in December.
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