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Pacific Investment Management Company: Uncertainty about the economic impact of the next US presidential policy, with a slightly brighter outlook in some areas
On November 6th, Jinshi Data News, Tiffany Walden and Libby Canterill, analysts at Pacific Investment Management Company, said in a report that doubts will continue to exist about the economic impact of the policy focus of the next US president, but in certain areas, the outlook is clearer. The two economists said, ‘We can expect the deficit to increase, the 2017 tax cut policy will continue, and the Federal Reserve will remain independent.’ However, they said that the actual details of fiscal and foreign policies will take months or longer to clarify. Economists also said that in addition to policy focus, the implementation of these policies, including the appropriate personnel to promote the implementation of these policies, will be crucial in the coming months.