OECD lifts growth forecast, citing Trump stimulus

Lewis Wallace Nov 28, 2016
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President-elect Donald Trump speaking at a town hall meeting in Tampa, Florida earlier this year. Brian Blanco/Getty Images

OECD lifts growth forecast, citing Trump stimulus

Lewis Wallace Nov 28, 2016
President-elect Donald Trump speaking at a town hall meeting in Tampa, Florida earlier this year. Brian Blanco/Getty Images
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The Paris-based Organization for Economic Cooperation and Development (OECD) has revised its global economic forecast, and things are looking up. It’s predicting 3.3 percent global growth in 2017, up from 2.9 this year and 0.1 percent higher than the prediction it issued in September. The organization is anticipating some stimulus to the U.S. economy under President-elect Donald Trump, who has promised $1 trillion in infrastructure investments, although the details of that idea are sketchy and subject to a political battle. 

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