The U.S. Economy Will Boom Then Bust

The U.S. Economy Will Boom Then Bust

The Federal Reserve predicts economic growth, as measured by gross domestic product, will rise to 2.5 percent in 2018. That's within the ideal range of 2-3 percent. 

While a candidate, Donald Trump promised to boost growth to 4 percent. A 4 percent growth rate would set off a dangerous boom and bust cycle. If growth does hit that level, it could create a recession by 2020. You may need the five steps that protect you from the next economic crisis.