US the Secretary held responsible for Treasury in the United States called Steven Mnuchin has recently in an interactive session with the media group and news reporters responded to one of the questions posed at him from one of the news reporters. This event took place in the outskirts of the wing that lies west of the house of the United States’ President that is called as White House situated in Washington, DC.
US Treasury THE Secretary OF Treasury of the United States called Steven Mnuchin declared on the Monday of this week that the economy of the United States has been seen to be unscathed due to the whole year of entrenched trade that happened to have conflicts and disagreements with the continent of Europe and also The Peoples Republic of China.
These remarks and comments passed by the Treasury Secretary of the United States have completely brushed aside all the concerns and worries that were prompted by the latest economic information exhibiting slower rate of growth in the employment sector, the graph of business investments getting lower and the manufacturing sector getting weekend , that has given hype to the warnings of the recession.
The secretary of the treasury of the United States called Mnuchin told the company Fox Business “I do not view a recession in any of the ways that can happen possibly”.
“There is no query that there has been a slowdown that could be considered in the economy of the world lying both in the continent of Europe and also The people’s Republic of China but when the focus is at the United States’ economy that is continued to exist as the bright spot in the whole scenario of the economies”
He also added to his speech that the United States;’ economy seems to be unaffected of all the things and that there is no impact seen to be laid over the economy of the United States.