The Global Stakes in the Fed’s Soft-Landing Campaign

I’m Chris Anstey, an economics editor in Boston. Today we’re looking at the broader stakes involved in the Fed’s mission to avert a recession. 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.

When Federal Reserve Chair Jerome Powell and his colleagues sit down to decide on interest rates Wednesday and plot their forecasts out to 2026, it won’t just be the American economy’s path that will be affected.