While in the past Trump has implored the Fed to cut its benchmark rate, Bessent said the current strategy is using the levers of fiscal policy to keep rates low. The benchmark the administration is ...
Israel says it has begun preparations for the departure of large numbers of Palestinians from the Gaza Strip in line with President Donald Trump’s plan for the territory.
At a time of very high microeconomic uncertainties, we were able to be sufficiently agile,” Maersk CEO Vincent Clerc told CNBC’s “Squawk Box Europe.” ...