Larry Kudlow: This would do DAMAGE to the US economy

• Kudlow expresses concern over Fed Chairman Jay Powell's intent to remain on the board and the Fed's projection of only one rate cut this year, alongside higher inflation and minimal economic growth.
• He argues that the Fed's current stance is detrimental, leading to stock market declines (Dow fell over 700 points) and higher bond/oil prices.
• Kudlow calls for 'freeing Kevin Warsh' to lead the Fed, implement pro-growth policies (lower taxes, deregulation, 'drill baby drill'), and abandon anti-growth Fed models, predicting 5% economic growth and inflation below 2%.

Larry Kudlow strongly criticizes the Federal Reserve's current policies and economic projections, particularly Chairman Jay Powell's decision to remain on the board. He advocates for a shift towards pro-growth policies, lower interest rates, and the appointment of Kevin Warsh to lead the Fed, believing current policies are damaging the economy and that the Fed's models are flawed.