Charts of the Day – April 18, 2017

Treasury Secretary Steven Mnuchin (SM) admitted in the Financial Times (FT) interview on Monday that enacting tax reform legislation by August is “highly aggressive to not realistic at this point.”

Below excerpt is what Mnuchin said regarding tax reform on Monday (Full transcript):

SM excerpt on tax

Here is what he said in March in an interview with Neil Cavuto (NC) on FOX Business Network (Full article):

SM excerpt on tax previously

The markets continue to be skeptical about the reflation concept and inflation expectations remain sluggish.

Reflation FRED

About AM_Journey

A small potato working on Bay Street
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