I’m Chris Anstey, an economics editor in Boston, and today we’re looking at the Fed’s new policy phase. 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.
For Wall Street, it was the worst Federal Reserve policy-decision day in more than two decades — a period that spanned the worst financial crisis since the Great Depression and the most devastating global pandemic in a century.