Trump policies may boost sustainable U.S. growth, Fed's Bullard says
Sept 12 (Reuters) - St. Louis Federal Reserve Bank President
James Bullard on Wednesday credited the administration of U.S.
President Donald Trump with helping to boost U.S. economic
growth in a way that may prove to be sustainable.
"I definitely think that the political change had an
influence," he told reporters after speaking at CFA Society
Chicago, pointing specifically to the reduction in corporate tax
rates and improvements in business sentiment since late 2016,
when Trump was elected. "All of that is feeding through the
economy," he said, adding that he might increase his own
forecast for sustainable U.S. economic growth, currently at 2
percent, if the economy continues to grow above that.
(Reporting by Ann Saphir; Editing by Jeffrey Benkoe)
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