Larry Kudlow: Economy Will Probably Go From High Inflation To Recession At Some Point In The Next Couple Of Years
Listen To The Full Interview Below:
Larry Kudlow, host of Fox Business Network’s “Kudlow” and former director of the National Economic Council under the Trump Administration joined the Guy Benson Show to react to the inflation numbers for April.
Kudlow reacted to the new inflation numbers by saying,
“This report will be one of many you’re going to get produce surprises tomorrow, then you’re going to get import prices. There is no progress on lower inflation whatsoever. This is a multi year problem and it becomes a multi-year problem not only for the workforce whose real wages are falling, but also for the economy, which will probably go from high inflation to recession at some point in the next couple of years.”