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| | | ... releases are scheduled for this week - ones that could either preserve or disrupt the status quo. In America, President Donald Trump will deliver his 'State of the Union' address and the Fed meets for the first time this year (and Madam Yellen's last). ... |
| | | | ... percentage points to growth, a substantial lift from the 0.40 pps it contributed to September quarter growth. This, even before Trump's tax cuts became law. And the future? The Wall Street Journal's article headlined "The Tax Law, Just One Month Old ... |
| | | | ... (although still denied by officials) as against the Fed's telegraphed gradual and gentle policy tightening; concerns over Trump's tax cuts on the fiscal deficit - expected to add US$1.3 trillion to the deficit over the next 10 years; and, the absence ... |
| | | | ... prospective US fiscal expansion in 2018 appears dictated by the political cycle rather than the economic cycle. With Donald Trump fulfilling his 2016 presidential election campaign promises of delivering tax cuts and spending increases ahead of 2018's ... |
| | | | ... release of the December CPI report. Chances are Kashkari will get his wish and soon. The passage of US President Donald Trump's tax cuts into law has already prodded several US companies to announce pay hikes. As CNBC reported late last month, "Fifth ... |
| | | | ... recorded only one down month for the entire year - a record in itself - and these, despite geopolitical concerns, the threat of Trump's impeachment and the US Federal Reserve slowly tightening the screws on monetary policy and expensive valuations. At ... |
| | | | ... policy still remains largely accommodative. Certainly, there'll be bumps along the way - relatively high valuation; Donald Trump's unpredictable leadership; Kim Jung-on; China's ballooning debt, Australia's property market and record household debt - ... |
| | | | ... the 10th anniversary of the Global Financial Crisis. The annual breakfast forum, held at The Westin in Sydney, covered off Trump's impact on the US economy and the global economy and financial markets in general; it also mentioned the potential impact ... |
| | | | ... beautiful tax cut for Christmas. With final passage of this legislation, that is exactly what they are getting." (Donald Trump) The US Congress passed the long-awaited US$1.5 trillion tax reform package that will cut the US corporate income tax rate ... |
| | | | ... September projection). The Fed maintained its core PCE price index at 1.9% next year and 2.0% in 2019. There was no mention of Trump's tax plan in the FOMC statement but in the transcript of her press conference, Yellen said that, "While changes in tax ... |
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