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Mnuchin, Fed Officials Downplay Market Rout as Sell-Off Widens

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Mnuchin, Fed Officials Downplay Market Rout as Sell-Off Widens“The fundamentals of the U.S. economy continue to be extremely strong, I think that’s why the stock market has performed as well as it has,” U.S. Treasury Secretary Steven Mnuchin told Bloomberg News at the IMF’s annual meeting in Bali, Indonesia.