-
U.S. Treasury's Mnuchin says he sees at least 3 percent growth for next 4-5 years
U.S. Treasury Secretary Steven Mnuchin said on Sunday that he believes the quickening pace of growth in the nation’s economy in the second quarter will persist for the next few years. “I don’t think this is a one- or two-year phenomenon. I think we definitely are in a period of four or five years of sustained 3 percent growth at least,” Mnuchin said in an interview with ‘Fox News Sunday.’ The U.S. economy grew at its fastest pace in nearly four years in the second quarter - at a 4.1 percent rate - as consumers boosted spending and farmers rushed shipments of soybeans to China to beat retaliatory trade ... (full story)