U.S. Treasury Secretary Steven Mnuchin is now out on the wires, delivering the key quotes found below.
- Market overreacted to Fed’s comments.
- If low inflation continues, Fed rate path may change.
- DoJ action separate from trade talks with China.
- Cites he focuses on Fed’s inflation projection.
- Still confident we can deliver 3% growth in 2019.
- Think will see rebalancing out of bonds into equities.
Source Reuters.
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