Finance Minister Scott Baby, former Head Fund head, said he did not experience a recent downturn that has destroyed the shares from the market when the United States seeks to transfer its economic policy.
“I have been engaged in investment business for 35 years and I can tell you that the fixes are healthy, they are normal,” said the NBC’sMeet the press. “I don’t worry about the markets. In the long run, if we put a good tax policy, de -deregulation and energy security, the markets will be great. ”
AsaleThis has led the S&P 500 index to fix investors’ problems over the economic consequences of the Trump administration steps around tariffs, immigration and reduction of the federal government. The losses in the stock markets deepened with growth problems and consumerssense.
“We establish a policy that will make the availability crisis decrease, inflation moderately, and, when we set sails, I am sure that the American people will come,” said the infant, who ruled the key group before joining the administration.
As President Donald Trump’s tariff policy expands, consumers are becoming more concerned that additional duties will lead to higher costs. Now the global tariffs for steel and aluminum, and there is a term on April 2, which is considered for even wider levies.
Read on:Here is a launched count of tariffs and actions of Trump
While inflation has cooled last month, any persistent pickup in price pressure risks that it causes households to limit discrete purchases.
In an interview, the infant said that the American dream is independent of the ability to buy cheap goods from China. Instead, families want to afford the house and see how their children do better than they are.
“These are mortgages, these are machines, it’s a real salary increase,” he said.
The US Federal Reserve officials should meet this week as issues on the US economy. Fed Chairman Jerome PowellstressedEarlier this month, the Central Bank should not rush to reduce the rates, but it will probably be pressed on the uncertainty and risks that arise.
Originally this story was presented on Fortune.com
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2025-03-16 22:01:00
Maria Paula Mijares Torres, Bloomberg
