Fiscal stimulus will have a ‘modest’ effect on growth, San Francisco Fed President John Williams says

Fiscal stimulus brought about by the new administration may not kickstart growth as aggressively as many think, San Francisco Federal Reserve President John Williams told CNBC on Thursday. “More fiscal stimulus, I think, will have a modest effect on economic Read More …

Fiscal stimulus will have a ‘modest’ effect on growth, San Francisco Fed President John Williams says

Fiscal stimulus brought about by the new administration may not kickstart growth as aggressively as many think, San Francisco Federal Reserve President John Williams told CNBC on Thursday. “More fiscal stimulus, I think, will have a modest effect on economic Read More …

Worried about Fed hikes? Trump tax cuts could save the day, BlackRock’s trillion-dollar bond guru says

The package of tax cuts proposed by President-elect Donald Trump could do “significantly more” to help the economy, than Federal Reserve interest rate hikes could do to hurt growth, said BlackRock’s chief investment officer of global fixed income. Rick Rieder, Read More …