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Monday, November 28, 2016

OECD urges more infrastructure spending; Cautions on protectionism

http://www.usnews.com/news/business/articles/2016-11-28/global-economic-agency-urges-more-infrastructure-spending

The Paris-based intergovernmental agency encouraged governments such as Germany to take more advantage of this window of low rates. Gurria noted that markets have rallied on Trump's promises to cut taxes and increasing infrastructure investments, but said it remains unclear how many of those pledges Trump can or will fulfill... After Trump's campaign tirades against free trade, the OECD also warned that growth could be threatened by protectionism.''

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