US Treasury secretary Steven Mnuchin listens to a question from the media outside the White House in October 2019. Photo: Bloomberg US Treasury secretary Steven Mnuchin listens to a question from the media outside the White House in October 2019. Photo: Bloomberg
US Treasury secretary Steven Mnuchin listens to a question from the media outside the White House in October 2019. Photo: Bloomberg
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

Mnuchin may be right to wind down US crisis lending as ‘easy money’ worries spread

  • The US Treasury decision to pull back crisis lending is seen by some as Trump’s bid to sabotage Biden’s administration, but it actually reflects wider global unease over easy money conditions

US Treasury secretary Steven Mnuchin listens to a question from the media outside the White House in October 2019. Photo: Bloomberg US Treasury secretary Steven Mnuchin listens to a question from the media outside the White House in October 2019. Photo: Bloomberg
US Treasury secretary Steven Mnuchin listens to a question from the media outside the White House in October 2019. Photo: Bloomberg
READ FULL ARTICLE
Anthony Rowley

Anthony Rowley

Anthony Rowley is a veteran journalist specialising in Asian economic and financial affairs. He was formerly Business Editor and International Finance Editor of the Hong Kong-based Far Eastern Economic Review and worked earlier on The Times newspaper in London