Showing posts with label fiscal stimulus. Show all posts
Showing posts with label fiscal stimulus. Show all posts

Sunday, November 20, 2016

Federal Reserve Chair Throws Cold Water On Trump's Economic Plan

President-elect Donald Trump has pledged a $1 trillion infrastructure spending program to help jump-start an economy that he said during the campaign was in terrible shape.

Speaking on Capitol Hill Thursday, Federal Reserve Board Chair Janet Yellen warned lawmakers that as they consider such spending, they should keep an eye on the national debt. Yellen also said that while the economy needed a big boost with fiscal stimulus after the financial crisis, that's not the case now....
http://www.npr.org/sections/thetwo-way/2016/11/17/502480053/federal-reserve-chair-throws-cold-water-on-trump-economic-plan









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