Trump's big bill will boost growth, but impact muted by Fed interest rates - research [Yahoo! Finance Canada]
Evercore Inc. Class A (EVR)
Last evercore inc. class a earnings: 4/22 06:00 am
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Source: Yahoo! Finance Canada
WASHINGTON (Reuters) -The Trump administration's mammoth fiscal legislation will boost economic growth next year, but the impact will be partially undercut by Federal Reserve ?interest rates kept higher than they would be otherwise, a former top Fed researcher concluded ?in a new analysis. The federal deficit, meanwhile, will be even larger than the gain in gross domestic product. John Roberts, former ?deputy associate director of the Fed's research division and now a special advisor to Evercore ISI, wrote in an analysis of the Trump legislation known as the "One Big Beautiful Bill" that the arrival of perhaps $100 billion in extra refunds early next year will help lift economic growth by about four-tenths of a ?percentage point in the first half of ?the year. The legislation exempted some overtime and tipped income from taxes and included other tax breaks. The GDP impact will fade fast, however, and for the full ?year growth will be about 0.32 percentage points higher than i
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EVR
Earnings
- 10/29/25 - Beat
EVR
Sec Filings
- 11/12/25 - Form SCHEDULE
- 11/10/25 - Form 4
- 11/7/25 - Form 144
- EVR's page on the SEC website