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Fed officials see quick economic boost from Trump, risks to follow

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Fed officials see quick economic boost from Trump, risks to follow

Fed officials see quick economic boost from Trump, risks to follow*/

– A police officer keeps watch in front of the U.S. Federal Reserve in Washington October 12, 2016.REUTERS/Kevin Lamarque/File PhotoNAPLES, Fla. Federal Reserve officials cautioned on Thursday that the fiscal and tax plans sketched out by the incoming Trump administration could trade a short-term economic boost for longer-run inflation and debt problems they might have to counteract.Fed regional bank presidents, in an array of appearances, agreed in principle that the policies President-elect Donald Trump is likely to pursue will increase economic growth – through direct spending, the consumption and investment spurred by tax cuts, and the boost to business from lighter regulation.
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New index of economic marginalization helps explain Trump, Brexit, alt.right

New index of economic marginalization helps explain Trump, Brexit, alt.right*/

– If 2016 brought Brexit, Donald Trump and a backlash against cosmopolitan visions of globalization and society, the great fear for 2017 is further shocks from right-wing populists like Geert Wilders in Holland and Marine Le Pen in France.A new mood of intolerance, xenophobia and protectionist economics seems to be in the air.In a world of zero-hour contracts, Uber, Deliveroo and the gig economy, access to decent work and a sustainable family income remains the main fault line between the winners and losers from globalization.
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Despite ‘dumb-ass Tweets’ from president-elect Trump, Seattle’s economic forecast is ‘awesome’

Despite 'dumb-ass Tweets' from president-elect Trump, Seattle's economic forecast is 'awesome'*/

– The economic forecast for the Seattle region: Sunny and warm, with a few patchy clouds.That was essentially the message from top economists and researchers who spoke Thursday at the 45th Annual Economic Forecast Conference in downtown Seattle, pointing to the region’s flourishing tech economy, booming housing market and innovative industries.“Seattle is awesome,” said Chris Mefford, the president of CEO of Seattle-based consulting firm Community Attributes as he showed a slide of Emmet from The Lego Movie.
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Fed officials see quick economic boost from Trump, risks to follow – Business News

Fed officials see quick economic boost from Trump, risks to follow - Business News*/

– NAPLES, Fla.: Federal Reserve officials cautioned on Thursday that the fiscal and tax plans sketched out by the incoming Trump administration could trade a short-term economic boost for longer-run inflation and debt problems they might have to counteract.Fed regional bank presidents, in an array of appearances, agreed in principle that the policies President-elect Donald Trump is likely to pursue will increase economic growth – through direct spending, the consumption and investment spurred by tax cuts, and the boost to business from lighter regulation.In a recent survey of businesses in the southeast, said Atlanta Federal Reserve President Dennis Lockhart, executives expressed “optimism around the prospect of fiscal stimulus, tax reduction, spending on infrastructure and some amount of deregulation.”But at this point the economy does not really need much short-term help, said Chicago Federal Reserve President Charles Evans, speaking to the American Council of Life Insurers.It needs longer term strategies to expand a labor force constrained by issues like population aging and lagging productivity.The new administration is taking over “at a time of arguably full employment,” Evans said.
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