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Trump says US economic growth nears 5%; time to celebrate?
hite House economic advisers are spreading the word that second-quarter GDP, out Friday, may surpass 4% - the first time growth has hit or exceeded that number since the third quarter of 2014, FOX Business has learned. Ahead of the data, Trump administration officials are preparing a major victory lap and plan to use the strong data points as proof that the president’s economic policies of lower taxes and deregulation have reversed years of economic malaise that followed the financial crisis and President Barack Obama’s fiscal agenda, according to people close to the White House. Of course if the numbers fail to ... (full story)