This post was originally published on this sitehttps://i-invdn-com.akamaized.net/trkd-images/LYNXNPEG17047_L.jpg
WASHINGTON (Reuters) – Treasury Secretary Steven Mnuchin said on Friday he expects 2020 U.S. GDP growth to be less than 3%, partly due to problems at Boeing Co (N:), which halted production of its 737 MAX planes over safety issues.
“I think our projections have been reduced because of Boeing and in other impacts, so it will be lower. I think we would have hit 3% but again, Boeing has had a big impact on our exports being the largest exporter,” Mnuchin said in an interview on Fox Business Network.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.