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Federal Reserve Chair Jerome Powell ignored a question

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Thu, 31 Oct 19 2:50 PM | 10 view(s)
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Federal Reserve Chair Jerome Powell ignored a question about whether President Trump's tax cuts have succeeded. But the central bank's decision to cut rates is a sign they haven't.

The Republican architects of Trump’s tax cut said a big boost in business investment would prove the effort succeeded. That bump in corporate spending has failed to materialize nearly two years after the cuts passed into law and a new government report found it dropped 3 percent last quarter.

WaPo




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