US Treasury Secretary: Global growth is slowing
Economy _ News Baghdad
WASHINGTON - Global growth is slowing and modestly affecting the United States, US Treasury Secretary Stephen Mnuchin said, adding that the US economy remains strong with good capital flows.
"There is no doubt that the global economy is slowing down and this has some modestly disruptive effect on the US economy," the minister told an investment conference in the Saudi capital Riyadh.
He also said that Europe needs to do more on the financial and regulatory side to maintain growth.