Mnuchin says market's negative reaction to Fed 'overblown'

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Treasury SEc. Steven Mnuchin says the negative market reaction following the Federal Reserve's rate hike this week was 'completely overblown.'

 

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The rate hike is overblown as well. It wasn't necessary.

Why did Trump pick losers to lead ?

Mnuchin are you on the hatePres Trump too? Your going too fast, even an uneducated ayes person with common sense can tell. You caused a mess, hope your feeling satisfied you caused so much problems for your fellow citizens😱

Agree... the negative market reaction is mainly caused by the very bias liberal media that’s doing anything to try and make realDonaldTrump look bad. Consumer confidence is high, manufacturing is strong, better trade deals... etc...

manipulating the dow and stocks is one way the liberal billionaires likes to play.

Steven, dream on....it had a direct effect....the timing was absolutely WRONG 😡😡

It’s young programmers with AI who have never been through a down market.

This from a guy w/ a long history of failures: Co-Chair Relativity Media (bankrupt); Board of SEARs (bankrupt); Nat'l Finance Mgr for Trump's campaign (Suspicious Activity Reports filed on Cohen removed from database kept by Treasury Dept's Financial Crimes division)!

Maybe it is also becoming clear that the President is a clown

REALLY, Tell that to my investments!!!!!

Nothing to see here.

How many times during obama's 8 years did the fed raise rates=0 . They made sure obama looked better than he did

Is 'overblown' means over 10% just blown off your 401K balance or over 10% in the red for the year?

Ok stevenmnuchin1 , can you just write me a check for all the money we have lost then. Um, thanks!!!

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