I interviewed Treasury Secretary Janet Yellen about financial stability, a key theme of her legacy. One risk she’s watching: whether we’ll have a peaceful transition of power after the 2024 election. My latest column: www.politico.com/news/magazin...
The Treasury secretary is defending her legacy — and warning that the stability of the U.S. economy is at stake.
“The big question is, did the Fed snatch defeat from the jaws of victory? Did the Fed keep rates too high too long? Nobody knows that yet,” said me @vtg2.bsky.social@politico.com. 📉📈 #️⃣#️⃣
The delicate work of taming inflation without choking off growth is coming to a head just weeks away from an election in which polling is neck and neck.
The thing that’s dangerous about having so many different social media options is you start being tempted to create a bizarre alter-ego on one of them
Productivity numbers are *very* volatile and should be taken with a major grain of salt, but if you exclude recession prints from the COVID shock and GFC, Q3 had the strongest labor productivity growth since Q1 2005.
Fed Chair Powell will speak about the economic outlook on Thursday, Oct. 19 at noon ET.
The deadly conflict in the Middle East threatens to upend the Federal Reserve’s fight against inflation just as the central bank was making solid progress in curbing price spikes. www.politico.com/news/2023/10...
NEW: CPI Inflation held steady at 3.7% year-on-year, growing 0.4% month-on-month Core CPI inflation declined to 4.1% year-on-year, the lowest level since September 2021, growing 0.3% month-on-month #EconSky#NumbersDay
Aww yay glad you like it! The vibes are definitely quite different here.
President Joe Biden is hoping the economy continues to thrive through the election year. But Wall Street investors shudder each time they hear good news. www.politico.com/news/2023/10...
This place is winning on multiple metrics 😆