IMF MD Lagarde speaking to Reuters 1 March
- tax cuts will boost US growth by about 1.2% annually until 2020
- higher debt deficits will start to reduce growth from 2023
- tax cuts may have an overheating effect on US economy adding to inflation, rate hikes and capital outflow from emerging markets
Understandably cautious despite the seemingly positive headline.
Meanwhile FX pairs going nowhere in a hurry at the moment.
