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Transcripts For KQED Nightly Business Report 20180102

But we begin with Steve Liesman. Reporter heres what could happen. First, growth in the u. S. Could average 2 1 2 to maybe as much as 3 as the u. S. Gets a lift from overseas gross, better domestic demand, and stimulus bill. The question is whether those gains can last or if theyre just onetime events. Second, the u. S. Budget deficit is likely to r and well need better growth to pay the tax cut bill. The tenyear yield nears 3 . Finally, the fed is likely to hike Interest Rates three times as new chairman Jerome Powell takes the he steers a course along the lines of predecessor janet yellen. Of the fed could consider a fourth hike if the economy really takes off. Im Steve Liesman for nightly busi ipos and women in leadership. Three predictions for 2018. First, get read ....

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