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US Treasury Secretary: Fed's Analysis of Tariffs Slightly Biased

Summary: In a recent statement, US Treasury Secretary Mnuchin mentioned that he is uncertain about what the Fed is considering, and believes their analysis of tariffs is slightly biased. Mnuchin also stated that Trump has indicated he will not dismiss Powell. When discussing Fed Chairman Powell, Mnuchin added: 'We are not in a rush to take ...

In a recent statement, US Treasury Secretary Mnuchin mentioned that he is uncertain about what the Fed is considering, and believes their analysis of tariffs is slightly biased. Mnuchin also stated that Trump has indicated he will not dismiss Powell. When discussing Fed Chairman Powell, Mnuchin added: 'We are not in a rush to take action.'

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