May 29, 2024
World Economy

World Economy Latest: New Fed Outlook Leaves World Edgy on Currencies


I’m Chris Anstey, a senior editor who’s in Washington for the IMF-World Bank April 15-20 meetings, and today we’re looking at angst over the Fed causing rate-cut delays worldwide. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.

Having the world’s base currency means the Federal Reserve is in the somewhat unique position of not needing to consider exchange rates as a particularly important component in setting monetary policy.





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