White House Economic Adviser Larry Kudlow said Monday in an interview with CNBC, that more commitments will be necessary to reach an agreement for new fiscal stimuli, as reported by Reuters.
“The US economy still needs specific help,” Kudlow added, noting that talks for the approval of more stimulus measures They have slowed down but not finished yet.
Market reaction
These comments do not appear to help market confidence to recover. At time of writing, S&P 500 futures are down about 1%. Among currencies, the dollar is rising against most of its rivals.
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Credits: Forex Street
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