Economics
Mnuchin Calls IMF's U.S. Forecast Conservative as He Chases 3%
- Reiterates cutting taxes, regulation are keys to agenda
- Gentle tone of talk with Lagarde contrasts with harsh campaign
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Treasury Secretary Steven Mnuchin called the International Monetary Fund’s outlook for the U.S. economy a “little conservative” as he repeated the Trump administration’s goal of getting to 3 percent growth or faster.
“The U.S. economy is well positioned,” Mnuchin said Saturday in a conversation with IMF Managing Director Christine Lagarde during the organization’s spring meetings in Washington. “We’ve been in a period post financial crisis where we’ve just been in sub-optimal growth. We believe we can get to 3 percent or more sustainable economic growth.”