Trump needs to mind the gaps

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The story "Trump needs to mind the gaps" was covered 15 hours ago by Financial Times, a news publisher based in United States.

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Financial Times 15h ago

Trump needs to mind the gaps - Financial Times

Quick Summary:

Looking forward, the IMF has just revised up its US growth projections for 2025 by a considerable 0.5 percentage points to 2.7 per cent, while lowering that for Europe.

It risks endangering consumption, the most important driver of US growth at a time when the country is best placed to unleash a significant improvement in productivity and growth potential.

This undermined overall household confidence in the Democrats’ ability to manage the economy and, thus, contrasted strongly with the positive sentiment about economic developments during Trump’s first term.