Will Trump herald a US economic boom?

His policies have risks, but deregulation, tax cuts and infrastructure spending will boost business confidence

After years of hibernation, will the US economy rouse itself for a big comeback over the next couple of years? With an incoming Republican administration hellbent on reflating an economy already near full employment, and with promised trade restrictions driving up the price of import-competing goods, and with central-bank independence likely to come under attack, higher inflation - likely exceeding 3% at times - is a near-certainty. And output growth could surprise as well, possibly reaching 4%, at least temporarily.

Impossible you say? Not at all.

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