News list for "paulson"
Veteran investor John Paulson said in a statement to the Wall Street Journal that he is withdrawing from his candidacy for US President-elect Donald Trump's Treasury secretary. In the statement, Paulson said: "Despite various media references to me as a candidate for Treasury secretary, my complex financial responsibilities make it impossible for me to serve in President Trump's administration at this time...
Billionaire investor John Paulson has said he would work with Mr. Musk to slash federal spending if Mr. Trump is elected president and he is Treasury secretary in his second term. In an interview, Mr. Paulson said his first priority would be to extend the expiring tax cuts Mr. Trump enacted in 2017, followed by "working with Mr. Musk to cut federal spending", particularly by eliminating green energy subsidies in the Inflation Cuts Act.
Billionaire investor John Paulson has predicted that the US Federal Reserve will cut interest rates to as low as 2.5% by the end of 2025. Paulson said that the Federal Reserve is moving too slowly in cutting interest rates and will take steps to lower them in the coming months. In an interview with Bloomberg TV, it estimated that the federal funds rate could fall to 3% or even 2.5% next year. He pointed out that maintaining high real interest rates (the gap between bond yields and the current in...
Billionaire investor John Paulson has predicted that the Federal Reserve will cut interest rates as low as 2.5% by the end of 2025. Paulson said the Fed is moving too slowly to cut rates and will take steps to lower them in the coming months. In an interview with Bloomberg TV, Paulson estimated that the federal funds rate could fall to 3% or even 2.5% next year. He noted that keeping real interest rates high (the gap between bond yields and the current rate of inflation) means that the Fed is ea...
