Mnuchin on US growth

  • US in a sustained period of 3% GDP for next 4-5 years

  • Thinks Federal Reserve will be 'very careful' in its handling of economy

  • In Juncker conversations there were specific talks about reducing agricultural barriers

  • US specifically talked about soybeans with Europe

There's a bit of a disconnect there. If the Fed believed 3% GDP growth was coming for the next 4-5 years, they would be hiking at a faster pace.