Hassett forecasts 4% growth, says AI boom and tax incentives driving US investment surge
2 Articles
2 Articles
Hassett forecasts 4% growth, says AI boom and tax incentives driving US investment surge
Wall Street’s rally is increasingly being tied to a mix of artificial intelligence investment, corporate tax incentives and a wave of factory construction reshaping the U.S. economy.White House National Economic Council Director Kevin Hassett joined FOX Business’ Maria Bartiromo on "Mornings with Maria" to discuss why he believes the economy is entering a new growth phase driven by capital spending, AI productivity gains and tax policies aimed a…
Kevin Hassett, director of the White House National Economic Council, said Wednesday (May 6) that the U.S. economy is entering a new phase of growth driven by strong investment, fueled by increased productivity from artificial intelligence (AI) and government tax incentives. Hassett predicts that economic growth will reach 4% for the remainder of the year.
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