Market Updates: Quick Survey on US Fiscal Stimulus – $1.5 Trillion Tax Cut - Forex News by FX Leaders

Market Updates: Quick Survey on US Fiscal Stimulus – $1.5 Trillion Tax Cut

Posted Monday, January 28, 2019 by
Arslan Butt • 1 min read

Here’s a real quick update on the US Fiscus Stimulus plan.

Lately, there’s been a survey on the US fiscal stimulus and a massive reduction in the taxation. But as per the survey results, the Trump administration’s $1.5 trillion cut tax package seems to have had no major impact on businesses.

The National Association of Business Economics’ (NABE) quarterly business health survey printed on Monday saw that some companies reported accelerating investments because of lower corporate taxes. However, a significant majority of around 84% said they had not changed plans.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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