Steen Jakobsen
The Bank of Japan has abandoned quantitative easing and the European Central Bank may taper its bond-buying programme, so what is the role of central banks in 2017, asks Saxo Bank’s chief economist Steen Jakobsen.
Editor’s Picks 09 August 2016 at 3:33 GMT

Trump's tax plan to 'jump start' America

ABC Online
Republican presidential nominee Donald Trump has sought to regain momentum with an economic speech in which he floated new tax breaks and cuts to regulation, but was repeatedly interrupted by protesters. Trump said his plan would include imposing a temporary moratorium on new federal regulations, reducing rates for income and corporate taxes, and establishing new provisions for working parents dealing with childcare costs. "We are in a competition with the world, and I want America to win," Trump said, as he highlighted "disastrous" policies that he said had snuffed out US jobs in the nearly eight years of Barack Obama's presidency. "I want to jump-start America. It can be done, and it won't even be that hard," he said to applause. He told the Detroit Economic Club, a traditional venue for political candidates to discuss their economic vision, that policies supported by Hillary Clinton had hurt Michigan's economy. "She is the candidate of the past," Trump said.
Read full article at ABC Online


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