Monday, December 3, 2018

Mnuchin says Trump 'liked' Fed chief Powell's speech that boosted markets last week

Treasury Secretary Steven Mnuchin said Monday he expects President Donald Trump was pleased with Federal Reserve Chairman Jerome Powell's speech on interest rates last week. Speaking on Wednesday at The Economic Club of New York, Powell appeared to walk back comments on Oct. 3 that rates were a long way from so-called neutral. That sparked a strong rally on......(read more)
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