White House economic adviser Larry Kudlow has played down the recent drop on Wall Street as a normal correction. <br /> He told Fox News on Sunday that he thinks the "background" is very positive for the stock market and that people should stay calm.<br />Kudlow also said President Trump respects the Federal Reserve's autonomy despite last week's remarks that the Fed had "gone crazy" raising interest rates. <br /> Meanwhile, Kudlow said a meeting between Trump and Chinese President Xi Jinping will likely take place at Argentina's G20 summit next month. <br />
