The IMF joins the list of anti-Trump support group as it cut its outlook for the U. S. economy, removing assumptions of President Donald Trump’s plans to cut taxes and boost infrastructure spending to spur growth. The IMF reduced its forecast for U. S. growth this year to 2.1 percent, from 2.3 percent in the fund’s April update to its world economic outlook. IMF also cut its projection for U. S. growth next year to 2.1 percent, from 2.5 percent in April. These projections will be prone to revision. However any reduction in US economic growth will be bullish for gold, silver and metals.
Trump joins his predecessors as he attempts regime change in Syria without any evidence. The charge is that Syria possesses chemical weapons.
This post was published at GoldSeek on 28 June 2017.
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