US Treasury Secretary to Skip IMF-World Bank Meetings, Prioritizes Domestic Schedule
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A US official said on the 9th that Treasury Secretary Bessent is expected to skip the annual meetings of the International Monetary Fund and the World Bank, which open in Bangkok, Thailand, on the 12th. Bessent will prioritize his domestic schedule. With midterm elections coming up on the 3rd of next month, he is expected to address a pileup of economic problems, including soaring diesel prices and rising long-term interest rates.