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Federal Reserve does not buy Trump tax-plan hype, sees short-lived economic boost

Federal Reserve does not buy Trump tax-plan hype, sees short-lived economic boost

Thu, Dec 14, 2017

As the U.S. Congress moved closer to a tax overhaul plan Wednesday that has President Donald Trump "thrilled", outgoing Federal Reserve Chair Janet Yellen gave a more sobering assessment: a short-term bump is likely, but a longer-term boost is not.

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