February 9, 2018 / 9:59 PM / 4 months ago

White House budget proposal sees 3.2 percent economic growth in 2019: WSJ

WASHINGTON (Reuters) - The White House budget proposal projects U.S. economic growth of 3.2 percent next year, before declining to 3 percent in 2021 and 2.8 percent in 2026, the Wall Street Journal reported on Friday, citing a preview of the plan.

FILE PHOTO: A Walmart employee helps a customer navigate a flyer at the store in Broomfield, Colorado November 28, 2014. REUTERS/Rick Wilking/File Photo

The budget, which is due to be released on Monday, assumes the 10-year Treasury yield will average 2.6 percent this year and 3.1 percent next year before rising to 3.7 percent by early next decade, the Journal said.

Reporting by Eric Beech; Editing by Eric Walsh

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below