The Fed is not buying one of Trump's biggest economic promises

While campaigning, one of President Donald Trump's hallmark promises on the economy was a return to 3% growth. US gross domestic product has not grown at that pace on an annual basis since 2005, prompting Trump to criticize his predecessor for being the first president to not achieve 3% growth during at least one year of his term. Chief White House Economic Adviser Gary Cohn has said the administration plans to outperform its forecasts.Treasury Secretary Steven Mnuchin said the target was "very ...