The Federal Reserve's Trump administration's tax reform proposal is expected to

The U.S. Congress approached the final tax reform agreement on Wednesday more closely, with President Trump "very excited" for the tax reform and outgoing head of the Federal Reserve (Fed / Fed) Yellen given this Calmer assessment: short-term or have a catalytic role, but long-term stimulation probably will not talk.

It is expected that the tax reform plan will eventually slash the corporate tax rate, and some families will also have a reduced tax burden. Almost all Fed officials take into account some of the stimulus they produce. According to the latest estimates, policymakers predict that the economic growth next year will be 2.5%, up from the 2.1% forecast a few months ago.

sponsor
But until then, the rate of economic growth will fall to around 2% and will not continue to rise to around 3%, as Trump and his administration have asserted.