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Fed Says Tax Cuts Will Strengthen Economy and Fed Won’t Stand in the Way of a Trump Boom 6429


By —— Bio and Archives--December 14, 2017

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The Fed put its considerable weight behind tax cuts Wednesday, announcing that it sees tax cuts as contributing to economic growth without driving inflation higher than its target.

The Federal Reserve’s policymakers upgraded their forecast for economic growth next year and lowered their projections for unemployment while leaving their view of interest rates and inflation unchanged.—More…


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