Tuesday, 25 December 2018

Mnuchin's attempt to calm markets backfires as Trump takes another shot at the Federal Reserve

An attempt by Treasury Secretary Steven T. Mnuchin to calm plunging financial markets backfired Monday, further rattling investors with new fears about whether major U.S. banks have enough cash on top of worries about interest rates, political instability in Washington and a slowing global economy.

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from latimes.com - Los Angeles Times https://lat.ms/2Van80K

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