White House budget proposal sees 3.2 pct economic growth in 2019 -WSJ

  • 2/25/2023
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Washingont, Jumada I 23, 1439, Feb 9, 2018, SPA -- The White House budget proposal projects U.S. economic growth of 3.2 percent next year, before declining to 3 percent in 2021 and 2.8 percent in 2026, the Wall Street Journal reported today, citing a preview of the plan. The budget, which is due to be released on Monday, assumes the 10-year Treasury yield will average 2.6 percent this year and 3.1 percent next year before rising to 3.7 percent by early next decade, the Journal said. --SPA 01:08 LOCAL TIME 22:08 GMT www.spa.gov.sa/w607593

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