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Fed Ponders If Tariff Hit Is Less, or Just Later, Than Expected
Fed Ponders If Tariff Hit Is Less, or Just Later, Than Expected

Bloomberg

time3 days ago

  • Politics
  • Bloomberg

Fed Ponders If Tariff Hit Is Less, or Just Later, Than Expected

I'm Chris Anstey, an economics editor in Boston and today we're looking at the upcoming Fed policy meeting. Send us feedback and tips to ecodaily@ And if you aren't yet signed up to receive this newsletter, you can do so here. Tuesday marked the 250th anniversary of the Battle of Bunker Hill, where an American officer ostensibly told the revolutionary forces not to fire against the British until the ' whites of their eyes ' were visible.

Japan Showcases Central Bank Dangers When Debt Gets Massive
Japan Showcases Central Bank Dangers When Debt Gets Massive

Bloomberg

time4 days ago

  • Business
  • Bloomberg

Japan Showcases Central Bank Dangers When Debt Gets Massive

I'm Chris Anstey, an economics editor in Boston, and today we're looking at the risk of fiscal dominance. Send us feedback and tips to ecodaily@ And if you aren't yet signed up to receive this newsletter, you can do so here. Central banks are generally supposed to focus on keeping prices stable, and for some of them, that's all they're charged with. When they appear to start targeting something else, economists say they're being 'dominated' by that other concern.

How the ‘Long Bond' Showcases America's Budget Deterioration
How the ‘Long Bond' Showcases America's Budget Deterioration

Bloomberg

time10-06-2025

  • Business
  • Bloomberg

How the ‘Long Bond' Showcases America's Budget Deterioration

I'm Chris Anstey, an economics editor in Boston. Today, we're looking at increasing worries about the US budget outlook, as seen through the 30-year bond. Send us feedback and tips to ecodaily@ And if you aren't yet signed up to receive this newsletter, you can do so here. Keen readers of this newsletter may recall a January edition describing the 10-year US Treasury note yield as 'the world's benchmark interest rate.'

Bessent Looks to Revamp Currency Monitoring After Damage Done
Bessent Looks to Revamp Currency Monitoring After Damage Done

Bloomberg

time06-06-2025

  • Business
  • Bloomberg

Bessent Looks to Revamp Currency Monitoring After Damage Done

I'm Chris Anstey, an economics editor in Boston. Today we're looking at the US Treasury's semiannual foreign-exchange report. Send us feedback and tips to ecodaily@ And if you aren't yet signed up to receive this newsletter, you can do so here. The first US Treasury semiannual assessment of American trading partners' exchange-rate policies since Trump returned to the White House read, in substance, much the same as the last one under President Joe Biden.

Economic Debate Begins on Impact of ‘Military Keynesianism'
Economic Debate Begins on Impact of ‘Military Keynesianism'

Bloomberg

time29-05-2025

  • Business
  • Bloomberg

Economic Debate Begins on Impact of ‘Military Keynesianism'

I'm Chris Anstey, an economics editor in Boston. Today we're looking at the economic effects of a ramp up in defense spending. Send us feedback and tips to ecodaily@ And if you aren't yet signed up to receive this newsletter, you can do so here. The late Richard Nixon was quoted as having said in 1971 that we are all Keynesians now. With governments from Berlin and Tokyo to Washington and New Delhi all planning to lift defense spending, it might now be said we're all military Keynesians.

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