Donald Trump’s policy created a solid basis for continuing the economic growth, the U.S. administration emphasized.
White House Press Secretary Sarah Sanders stated that the main indicators and the future of U.S. economy remain strong, Correspondent reports.
“The unemployment rate is a 50-year minimum, the taxes for families and business decreased, the regulatory and bureaucratic hurdles were shortened, the salaries become higher, the confidence of users and business in future sets records, and the improved trade agreements help farmers and manufacturers”, Sanders emphasized.
She also indicated that the reason for such successes is the economic policy of U.S. President Donald Trump.
It should be reminded that on Wednesday, October 10, the U.S. major stock indexes lost from 3 to 4% amid the continuing increase of U.S. 10-year bond yields.
The dynamics of state bond and stock market yields are usually are inversely proportionate, as the high-yield state bonds can guarantee investors a more stable yield versus the stocks.
