Big Number$750 billion to $1.1 trillion. The bank expects economic growth of 6.6% in 2021, compared with a previous forecast of 6.4%, according to a report published on Saturday. Slideshow ( 2 images )Democratic presidential challenger Joe Biden was leading Republican incumbent President Donald Trump in electoral college votes on Wednesday evening, as the ballot count looked poised to stretch into a third day. Larger boosts to disposable income and government spending imply stronger growth later in the year, the banks analysts wrote. It also raised forecasts for how much stimulus the new administration will be able to push through in the near-term, to $1.1 trillion from $750 billion.
Slideshow (2 images) is published on a wednesday.
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