CNBC The Kudlow Report July 31, 2013
Why. All those stories and more, coming up on the kudlow report, beginning right now. Good evening, everyone. Im larry kudlow. This is the kudlow report. First up tonight, let me repeat, i do not see a fed taper for many, many months, perhaps not even until early next year. Why . Gdp growth may have topped forecasters predictions today, but year on year were looking at 1. 4 gdp, 1. 5 inflation, less than 3 , 2. 9 nominal gdp. These are incredibly slow recovery numbers. That is why i think theres no need for the fed tapering or tightening. They never mention tapering in todays statement. But th...