Back
12 Feb 2018
Trump budget assumes us CPI to rise 2.1% in 2018, 2% in 2019
US Pres. Trump’s Budget has been dripped fed through the wires as follows so far ...
Key notes:
- Trump budget sees 10-year treasury yields averaging at 2.6% in 2018.
- Trump budget sees jobless rate at 3.9% in 2018 & 3.7% in 2019.
- Trump budget assumes us CPI to rise 2.1% in 2018, 2% in 2019.
- Us president trump unveils fy19 budget which includes defence increase and wall funding.
- Trump budget forecasts us FY 2018 deficit at $873 bln (prev $440 bln); fy 2019 deficit at $984 bln (prev $526 bln).
- US president Trump: us will unveil "Reciprocal tax" with other countries later this week.