Tags: jerome powell | trump | economy | boost | three | years | stimulus

Fed's Powell: Trump Stimulus to Boost Economy for 'at Least' Three Years

Image: Fed's Powell: Trump Stimulus to Boost Economy for 'at Least' Three Years
(AP)

Thursday, 12 July 2018 03:09 PM

Federal Reserve Chairman Jerome Powell said he believes the U.S. economy remains in a "good place," with recent government tax and spending programs likely to boost gross domestic product for perhaps three years.

"I think the economy is in a really good place," Powell said in a radio interview with Marketplace. "When you lower taxes and increase spending you're going to see more economic activity in all likelihood. You are going to see significant support for...economic activity probably for at least the next three years."

© 2018 Thomson/Reuters. All rights reserved.

   
1Like our page
2Share
Newsfront
Federal Reserve Chairman Jerome Powell said he believes the U.S. economy remains in a "good place," with recent government tax and spending programs likely to boost gross domestic product for perhaps three years."I think the economy is in a really good place," Powell said...
jerome powell, trump, economy, boost, three, years, stimulus
85
2018-09-12
Thursday, 12 July 2018 03:09 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved