US Economy Slowing but Retains Momentum, According to Former Official – Reuters

U.S. Economy Shows Signs of Slowdown, But Maintains Momentum

A recent statement by former Treasury Secretary Robert Rubin highlights the current state of the U.S. economy, noting that while there are signs of a slowdown, the economy still retains a degree of momentum. Speaking at the Bund Summit in Shanghai, Rubin emphasized that the U.S. Federal Reserve’s current approach is largely appropriate for the challenges at hand.

Rubin also pointed out potential risks posed to the economy, specifically attributing some concerns to former President Donald Trump.