White House trade adviser Peter Navarro said the U.S. economy will be strong through 2020 and that the Federal Reserve will be lowering interest rates in an interview with 'This Week' on Sunday.
White House trade adviser Peter Navarro declared the U.S. economy will be strong through 2020, and the Federal Reserve will be lowering interest rates again, “significantly,” going into the holiday season, in an interview with"This Week" on Sunday.
The S&P 500 and the Nasdaq also fell on Wednesday, and the markets closed flat on Thursday, retaining most of the losses. He also touched on the Trump administration’s decision to delay a 10% tariff on $300 billion worth of Chinese imports until Dec. 15.
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