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Trump bump propels US towards 2020

Jacob Greber
Jacob GreberSenior correspondent

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Washington | A fresh surge in business "animal spirits" is driving Donald Trump's economy to 2020 election winning heights - but only if consumers counting on a long-awaited wage rise growth get relief.

The US economy has kicked off 2019 with the strongest first-quarter growth in four years, dulling the drumbeat of recession forecasts that has dominated for months and blunting the president's own case for Fed rate cuts.

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Jacob Greber writes about politics, economics and business from Canberra. He has been a Washington correspondent and economics correspondent. Connect with Jacob on Twitter. Email Jacob at jgreber@afr.com

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    Original URL: https://www.afr.com/news/world/north-america/trump-bump-propels-us-towards-2020-20190428-p51hva