Here at the Fed, we are rationally exuberant to celebrate your 100th birthday with you. Happy birthday, Alan Greenspan!
youtu.be/lp1sJDa5MsI
Here at the Fed, we are rationally exuberant to celebrate your 100th birthday with you. Happy birthday, Alan Greenspan!
youtu.be/lp1sJDa5MsI
What do we know about AI’s impact on the labor market? On March 10, Peter Orszag, @jedkolko.bsky.social, @marthagimbel.bsky.social, Bharat Chandar, and
@bencasselman.bsky.social an.bsky.social
will dive into the data and what we know: www.hamiltonproject.org/event/unders...
@minneapolisfed.bsky.social’s recent Beige Book reports on some of the economic shock experienced in Minnesota during the recent immigration operation. Read more and watch this short recap from our regional econ team members @erickgarcialuna.bsky.social and Haley Chinander. #beigebook #econsky
The great @claudia-sahm.bsky.social in @opinion.bloomberg.com:
"In conversations about AI, it’s important to focus less on dystopian scenarios and more on ways to bring about an AI future that fosters shared prosperity."
www.bloomberg.com/opinion/arti...
“the federal government is an insurance company with an army" … on the nose today.
Nice to be back at Denison this week. Giving a few talks and meeting with lots of students.
"I would not extrapolate from Block to the whole U.S. economy,” Sahm said. “It’s important to understand that these AI tools — the direction you go with them really depends on the leadership. Automation, mass layoffs is not necessarily the only path forward.” www.cnbc.com/2026/02/27/a...
Somewhat unrelated … your saying this week “You can’t spell tariffs without ffs“ made me laugh.
Aka the beginning of the end of Trump tariffs.
Narrator: This is not normal.
Note well, I fully agree with @steveliesman.bsky.social that section 122 is ridiculous. Illegal, too.
We are waaaaaay past "best look for the US" policy.
FAFO got found out this week!
Lagarde on Jay Powell: I think Jay has this sort of inner strength and principled view of what his duty is, what his mandate is, and who he is accountable to: the American people and through the representatives and the senators.
No, that’s a lie.
The Supreme Court showed up today, and the power of the President has limits. That is huge, regardless of what the tariff rate is tomorrow.
There is so much research on the trend. Response rates have been falling for all kinds of surveys. Govt ones tend to have the highest response rate, so it's not just about distrust in govt but that's in the mix.
We have had a flood of economic data recently, including employment, inflation, and GDP. I usually focus on analyzing the numbers, but I also found myself addressing questions about the agencies that produce them and whether the data can be trusted. stayathomemacro.substack.com/p/trust-in-n...
WSJ EDITORIAL BOARD: “.. If your tariff policy is so unpopular that you have to bully the central bank into not talking about it, maybe it’s time for a new policy.”
@wsj.com
www.wsj.com/opinion/kevi...
“.. she said senators should question .. Kevin Warsh about the matter ..”
@thehill.com #TruthPolice
thehill.com/business/574...
He got the nomination and should be subject to close scrutiny.
What would you suggest? Silence?
What would you suggest?
I want it on the record.
Kevin Warsh must be asked about this in his confirmation hearing. The Fed Chair has the ability to suppress research from the Fed. Will he if it disagrees with White House?
“We-can-do-this-the-easy-way-or-the-hard-way” but for economic studies. 🤡
@bloomberg.com
www.bloomberg.com/news/article...
The American Statistical Association has an organizational sign-on letter urging Congress to exempt federal statistical agencies & units from Schedule Policy/Career.
Are you a member in any orgs that value accurate, timely info about the U.S.? Please consider signing
docs.google.com/forms/d/e/1F...
December was even lower.
It’s really hard to self filter.