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IMF: Trump tax cuts will boost global economy

January 22, 2018

Via: CNN

The Trump administration’s tax overhaul is the latest piece of good news for the global economy.

The International Monetary Fund said Monday that it expects global growth of 3.9% this year and in 2019, an increase of 0.2 percentage points over the rates it predicted in October. It would be the quickest expansion since 2011.

The fund said that changes to the U.S. tax code approved in December were responsible for roughly half of the boost to growth.

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