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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Mnuchin says market reaction to Fed is 'completely overblown'DOW down 4000 since October, and 2000 since the 'tax cut'... this shut down ought to help! jimcramer is this true? Overblown
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

Treasury Secretary Steve Mnuchin says market plunge on Fed rate hike 'is completely overblown'It's becoming increasingly clear that not a single person in the Trump administration has any idea of what they're talking about. Complete incompetence and denial. This guy has a very small economic vocabulary, probably to match his treasury policy knowledge. He made some money in business. Little comfort or guidance in running the Treasury of the USA. he is a blind politician or pretending, hihi
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Treasury chief calls market reaction to Fed 'overblown'U.S. Treasury Secretary Steven Mnuchin said on Thursday that investors' rea... As these Trump regime criminals remove sanctions from a Russian Oligarch. Pfffft. Here let me help you with the headline. A person with a vested interest in the opposite outcome was critical of the market's reaction to events beyond his control. TrumpSwamp
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Trump voices confidence in Mnuchin and the Fed after stock market tailspinPresident Trump expressed confidence in the Treasury secretary, the Federal Reserve and the U.S. economy Tuesday, moving to calm financial markets further roiled after a news report that the president had discussed firing Fed chairman Jerome Powell over raising interest rates. The confidence of a life-long bullsh!t artist. Now that is comforting. This was hilarious Obamas brilliant stock market destroyed by trump Trump voiced his 1,000% confidence in Mike Flynn before firing him, too.
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