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11/15/2019, 1:25 AM (Source: TeleTrader)
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Kudlow: US 'getting close' to trade deal with China

White House economic adviser Larry Kudlow said on Thursday that the United States and China are "getting close" to an agreement amid trade talks. He also asserted that the Fed's monetary policy is heading in the right direction after the bank cut interest rates three times this year.

"We’re getting close. The mood music is pretty good," Kudlow stressed at the Council on Foreign Relations' event in Washington.

The US and China maintained the efforts to translate their phase one agreement into paper with recent deputy-level talks over the phone reported earlier on Thursday.

Breaking the News / GA