Vice President Pence says the Fed should consider lowering interest rates because of low inflation

Vice President Mike Pence speaks at the Hudson Institute in Washington, D.C.on Thursday, Oct. 4, 2018

Joshua Roberts | Bloomberg | Getty Images

Vice President Mike Pence believes the Federal Reserve should look to cut its benchmark interest rate due to the continued growth of the U.S. economy.

"I think it might be time for us to consider lowering interest rates," Pence told CNBC's Eamon Javers on Friday. "We just don't see any inflation in this economy at all."

This story is developing. Please check back for updates.

Let's block ads! (Why?)

from Top News & Analysis https://cnb.cx/2LlSznT
via IFTTT