I’m Chris Anstey, a senior economics editor in Boston, and today we’re looking at the Fed’s shifting perspective on interest rates. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X (formerly known as Twitter) via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so … Read more
Good morning. Jerome Powell fails to temper animal spirits in the bond market, Bill Gates says the Paris Agreement climate goals are probably beyond reach, and Bitcoin hits $40,000. Here’s what people are talking about. Bond traders are growing more confident the Federal Reserve has reached the peak of its rate-hiking cycle, even as central … Read more
The US dollar will remain the dominant currency in Zimbabwe even after the government’s December 2025 deadline to stop its use in the economy, the country’s largest independent asset manager said. Imara Asset Management, which oversees more than $100 million, said the dollarization of the economy is actually accelerating since authorities curbed the local currency’s … Read more
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