US Treasury Sec Mnuchin: Tax cuts can be paid for through economic growth

During an interview with Fox News, U.S. Treasury Secretary Steven Mnuchin delivered his remarks about the upcoming tax reform, with the key quotes (via Reuters) found below:

  • Tax reform will be revenue neutral under administration's growth assumptions
  • Tax cuts can be paid for through economic growth
  • Do not need to worry about debt ceiling until 2018

Wall Street closes mixed with Dow at record high and S&P & Nasdaq lower

Major equity indexes in the U.S. came under pressure during the first half of the session after the data from the U.S. showed that the inflation incre
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US CPI rises and reviewed - Nomura

Analysts at Nomura explained that CPI rose 0.4% (0.402) m-o-m in August, in line with expectations (Nomura: 0.348%, Consensus: 0.4%), bringing the y-o
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