Macroeconomic impact of Trump presidency still questionable

Global markets reacted with euphoria in the wake of the US election, but real economy repercussions may be less positive

Donald Trump
"Trump said he wants to create 25 million jobs, but there are only eight million unemployed" – Keith Wade

Despite a conciliatory speech to the country and a positive reaction from global markets in the aftermath of his election, panellists at the 15th annual FX Week Europe conference remain cautious about the macroeconomic impact of US president-elect Donald Trump.

"The fiscal policy package proposed by Trump has been priced very positively, but it's fair to say we still don't know much about it. If you put together both the tax reform and the potential for infrastructure spending, but you also

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