US economy is slowing, but still has momentum, former official says

investing.com • 05/09/2024 - 02:32 AM

U.S. Economy Outlook

SHANGHAI (Reuters) – The U.S. economy is slowing but it still has some momentum, according to former Treasury Secretary Robert Rubin on Thursday.

Rubin spoke at the Bund Summit in Shanghai, stating that the U.S. Federal Reserve is doing about the right thing. He also noted that former President Donald Trump poses multiple risks to the economy.




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