WH Econ Advisor Kudlow: Cautiously optimistic about China trade deal

White House economic advisor Larry Kudlow is now delivering his comments on the GDP report and the U.S.-China trade conflict in an interview with CNBC.

Key quotes (via Bloomberg) 

• Core capital goods spending growing at terrific rate.
• I don't buy into idea strong growth means higher inflation.
• Trump's policies rebuilding the economy.
• I'm cautiously optimistic about China trade deal.
• Economy gaining, not losing, momentum.
• Inflation rate continues to slip lower and lower.