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Global Economy Latest: US Financial Conditions
I’m Chris Anstey, an economics editor in Boston, and today we’re looking at U.S. financial conditions and the Fed. Send us feedback and tips at ecodaily@bloomberg.net or contact X via @economy. And if you haven’t signed up to receive this newsletter yet, you can do so here.
Federal Reserve Chairman Jerome Powell explained Last October that monetary policy works through the channel of financial conditions, a broad term that includes a mix of asset prices and interest rates. As these respond to the Fed’s actions, they shape the economy, including employment and inflation.