Tag: treasury secretary

Hometreasury secretary

U.S. President Donald Trump is set to meet global business leaders in Davos on Wednesday, sources told Reuters, as his presence takes center stage at this year’s World Economic Forum in Switzerland. CEOs from financial services, crypto, and consulting sectors have been invited to a reception following Trump’s special address. One source said the invitations, …

By Esther Ososanya The Federal Reserve is almost certain to cut interest rates in September after fresh inflation data showed prices rising at a moderate pace in July, with Treasury Secretary Scott Bessent hinting a surprise half-point reduction was on the table. Traders in federal funds futures are now pricing a 99.9% probability of a …

Enjoy Unlimited Digital Access

Read trusted, award-winning journalism.

Already a subscriber? Log in