U.S. economic growth should get a lift from stimulus measures under Donald Trump’s presidency, but it won’t hit the speed he promised anytime soon.
That’s according to the International Monetary Fund, which has pushed up its forecasts for the world’s largest economy.
Companies, workers, investors and governments around the globe are hoping to get a clearer picture of Trump’s economic policies after his inauguration Friday.
For the time being, the IMF has nudged up its U.S. growth forecast for 2017 to 2.3%, from the prediction of 2.2% it made in October. The increase to next year’s forecast is bigger: from 2.1% to 2.5%.
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