Watch CME Group Chief Economist Blu Putnam discuss on Futures Institute the domestic and global economic policy implications of a Trump Administration.
Highlights
- Trump likely to ease regulations for banks, energy sector
- Healthcare to be rolled back
- Infrastructure spending, tax cuts likely on the agenda
- Fed rate hikes likely in December, three or more times in 2017
Summary
The stunning victory of Republican Donald Trump that will take the businessman to the White House could lead to policy changes that ease regulations for the banking and energy sectors, with likely spending on infrastructure and tax cuts leading to a drop in net revenue that could set the stage for the Fed to hike rates in December, and possibly three or more times in 2017.
