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Trump wants to run the economy hot, as midterm elections approach

 What to know

Trump administration officials predict an economic boom in 2026, driven by tax cuts, deregulation and AI productivity gains. Treasury Secretary Scott Bessent forecasts a "blockbuster" year, though some economists warn of inflation risks. Consumer sentiment is improving but remains low. The administration's policies aim to boost growth ahead of the November elections, but challenges like high prices and immigration policies persist.

Summary is AI-generated, newsroom-reviewed.

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