White House says 'very comfortable' with economy despite market volatility

Image
Reuters WASHINGTON
Last Updated : Feb 07 2018 | 3:25 AM IST

WASHINGTON (Reuters) - The White House is "very comfortable" with where the economy is, despite recent stock market volatility, a White House spokeswoman said on Tuesday.

"Look, the economy is incredibly strong right now. The president's focus continues to be on the long-term economic fundamentals which ... are very strong in this country. ... There's nothing that's taken place over the last couple of days in our economy that's fundamentally different than it was two weeks ago and we're very comfortable with where we are right now," White House spokeswoman Sarah Sanders told a regular news briefing when asked about recent volatility.

(Reporting by Jeff Mason; Writing by Eric Walsh; Editing by Mohammad Zargham)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 07 2018 | 3:15 AM IST

Next Story