Latest news with #ChrisAnstey
Bloomberg
2 days ago
- 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.
Bloomberg
29-05-2025
- 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.
Bloomberg
22-05-2025
- Business
- Bloomberg
From Wealth Management to Tourism, the Gulf Reimagines Its Role
I'm Chris Anstey, an economics editor in Boston. Today we're looking at ways that the Gulf region's role in the world is shifting. Send us feedback and tips to ecodaily@ And if you aren't yet signed up to receive this newsletter, you can do so here. Since the Boer War exposed the costly logistics of relying on coaling stations and helped prompt Britain's navy to look at converting to oil, the Gulf has arguably been mainly looked at as a source of petroleum.
Bloomberg
21-05-2025
- Business
- Bloomberg
Even After Moody's, ‘US Is the US' for Sovereign Wealth Funds
I'm Chris Anstey, an economics editor in Boston. Today we're looking at discussion about the US as an investment destination on Day One of the Qatar Economic Forum. Send us feedback and tips to ecodaily@ And if you aren't yet signed up to receive this newsletter, you can do so here. As this newsletter noted on Monday, there was a whiff of a 'sell America' theme in financial markets when the trading week kicked off, in the wake of the reminder from Moody's Ratings that the trajectory for US debt is alarmingly steep.
Bloomberg
07-05-2025
- Business
- Bloomberg
Fed's Pressure to Cut Rates Comes From Trump, Not the Economy
I'm Chris Anstey, an economics editor in Boston. Today, we're looking at Maria Eloisa Capurro 's reporting on the Fed's upcoming 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. As Federal Reserve policymakers head to the conclusion of their third gathering of the year, their preferred inflation gauge is running at 2.6% — still notably above the 2% target — while the unemployment rate has been holding at 4.2%, still historically low.
