US President Trump’s budget plan addresses only "discretionary" programs

Reuters reports some of the US budget proposals, as outlined by the US President Trump for the fiscal year ahead.

Proposal will go public at 7:00 a.m. ET, i.e. 1100GMT.

Key Points:

According to a White House budget document, The blueprint does not cover "mandatory" spending established by law, like farm subsidies, but only addresses "discretionary" programs where lawmakers can adjust spending from year to year.

The Trump White House has said it plans to release a traditional full budget with a 10-year outlook for all government spending and revenues in mid-May.

US: Headline CPI increased modestly, slightly higher than the consensus - Nomura

Research Team at Nomura notes that the US headline CPI increased modestly by 0.122% m-o-m in February on higher food prices, slightly higher than the

Devamını oku Previous

Mar 16, 2017

Global reflation continues, political risks to navigate - NAB

According to the research team at NAB, the cyclical upturn in the global economy that began in late 2016 has continued into the early months of this y

Devamını oku Next