Kudlow: The Federal Reserve never seems to talk about this

So kudos to Fed members Steve Meyer and Chris Waller for dissenting at today's FOMC meeting in favor of lowering the Fed funds rate by a quarter of a percentage point. All right, kudos. The economy is in a disinflationary supply side boom.Growth is strong, but inflation pressures are actually easing. Some quick numbers. Over the past three months, the core PCE personal consumption expenditures has increased only 2.3% annually and coming down.The three-month core CPI 1.6%. Even the topline CPI only 2.1%. Uni ...