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Insight: In possible boon for White House, Fed ready to lay low as tax plan kicks in


By Howard Schneider and Jonathan SpicerPHILADELPHIA (Reuters) - U.S. Federal Reserve policymakers have come to view Donald Trump's tax overhaul as a short-term economic boost that will neither permanently supercharge the economy, as the president says, or cause an immediate disruption that would require a central bank response, as some analysts have warned. That view emerged in recent interviews with four central bankers across the policy spectrum, from those eager to keep interest rates low, to those more inclined to raise rates as a guard against asset bubbles or any unexpected inflation ...

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First Published: Mon, January 08 2018. 08:31 IST