Kudlow: The Federal Reserve never seems to talk about this

• Kudlow praises Fed members who dissented in favor of a rate cut, citing strong economic growth and easing inflation pressures.
• He presents data showing core PCE at 2.3% (3-month annualized) and core CPI at 1.6% (3-month annualized), both trending down.
• Kudlow attributes economic strength to a 'productivity-led economy' and 'full cost expensing,' while criticizing the Fed for ignoring these counter-inflationary factors and using 'wrong models'.

Larry Kudlow criticizes the Federal Reserve for maintaining interest rates despite strong economic growth and disinflationary trends. He highlights falling inflation metrics, productivity gains, and stable energy prices, arguing the Fed's models are flawed and their 'anti-growth assumptions' are hindering the economy. Kudlow calls for a change in Fed leadership and a shift to pro-growth policies.