The United States economy has been experiencing major issues of economic growth, and the nation is taking steps to change that and bring back the growth to normal just as once it was and make the economy to what it was in the peak times. The Federal Reserve has been a major influence on the economy of the nation, and this year it has been a major factor in the economy.
The United States economy is better despite the unfavorable trade conditions that have been causing major deficits. The main factor for this is the bilateral trade spat between the nation of the United States and China that has been dragged over for more than 15 months now. To withstand the risks of global economic slowdown, the nation’s Federal Reserve has announced three tax cuts this year alone, and which have been claiming to have better the situation of the economy also these efforts are just small steps In making the economy a profitable one. The US economy has combated the risks of global economic slowdown, and this trend could just continue. But with the nation having a trade war with China is something that still needs to be changed as that is what is the main reason for the deficit in the economy which is in talks and this could seriously make some progress as was announced last Friday.
So with the federal cuts and the trade talks, we might just be able to see some good progress rates in the United States economy.
Tags : US economy,