IMF Urges Caution as Washington Eyes Slashing Regulations, Taxes 1 234 567

IMF Urges Caution as Washington Eyes Slashing Regulations, Taxes

voanews.com

The International Monetary Fund said President Trump's plans to cut regulations and taxes might encourage companies to make risky investments of the kind that preceded the financial crisis in 2008.

The comment came Wednesday in the newest edition of the IMF's Global Financial Stability Report, which also said the financial system has gotten more stable in recent months, as economic growth strengthened and interest rates rose, which helped banks.

Trump's proposals are...

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