Economy

Reuters reveals U.S. Fed ready to lay low as tax plan kicks in

Reuters reveals U.S. Fed ready to lay low as tax plan kicks in

Reuters interviewed four senior Federal Reserve policymakers across the policy spectrum who said the Fed would view the Republican tax overhaul as a short-term economist boost that would neither last nor stoke excess inflation or asset bubbles – and as such, it would not require the central bank to veer of its set interest rate path, as some economists have warned.