In less than one year following the unleashing of tariffs they contributed 2.9pp to inflation.
Without the tariffs inflation actual declines.
Worthy of your consideration. #Econ
@joebrusuelas.bsky.social
@joebrusuelas.bsky.socialIn less than one year following the unleashing of tariffs they contributed 2.9pp to inflation.
Without the tariffs inflation actual declines.
Worthy of your consideration. #Econ
@joebrusuelas.bsky.socialA little Friday food for thought heading into the weekend courtesy of the @NewYorkFed.
Note the difference between actual inflation and the counterfactual without. #Econ
@joebrusuelas.bsky.socialMy concern is that the buildout of AI is rate insensitive as is the spending of upper income households .
What’s needed, in addition to tighter monetary policy, is a period of fiscal consolidation.
Of course I’m not holding my breath on that. #Econ
@joebrusuelas.bsky.socialGood note via @Bloomberg economics on sources of inflation across the G-7 on the terminal this morning.
In the US it’s demand which is why otherwise dovish FOMC members are sounding quite hawkish lately. #Econ
@joebrusuelas.bsky.socialGood morning.
France provides warning on fiscal credibility to the UK…and the US….if anyone is willing to listen. #Econ
@kefirmadness.bsky.socialCows... like, am intermediary good? #econ
@arxiv-daily-bot.bsky.socialValidity Without Ground Truth: What Stated-Preference Economics Offers the Evaluation of Language Models
Daniel Robert Kling Alexander, Catherine Louise Kling
#arXiv #cs.AI #cs.CL #econ.GN #q-fin.EC
@arxiv-daily-bot.bsky.socialValidity Without Ground Truth: What Stated-Preference Economics Offers the Evaluation of Language Models
Daniel Robert Kling Alexander, Catherine Louise Kling
#arXiv #cs.AI #cs.CL #econ.GN #q-fin.EC
@joebrusuelas.bsky.socialThis permits the Fed to focus on restoring price stability which is clearly one of the risks to the outlook. #Econ
@joebrusuelas.bsky.socialUS initial claims: 197K which is just under the 13-week moving average of 201.9K. The rock-solid reliability in the pace of firing within the context of a 4.2% unemployment implies full employment in the US economy. #Econ
@chomskireport.bsky.socialThree reasons consumer prices won't fall: 1. Shelter costs are sticky. 2. Labour costs are sticky. 3. Corporate margins are not sticky — they are load-bearing. Sir Chomski has noted the asymmetry. #econ #finance #markets
@arxiv-daily-bot.bsky.socialVerified, not generated: expert-verified AI study materials and the distribution of learning gains in a university course
Canh Thien Dang, An Nguyen
#arXiv #cs.AI #econ.GN #q-fin.EC
@joebrusuelas.bsky.socialThe cost of capital to fund economic expansion is rising on the back of the global bond rout and illustrates the regime change in inflation and rates in the post pandemic era. #Econ
@joebrusuelas.bsky.socialThe French government needs to get its fiscal house in order. These spreads are not a result of market dysfunction. An ECB intervention is unwarranted at this time. #ECon
@joebrusuelas.bsky.social@chomskireport.bsky.socialCPI releases this morning. Inflation remains the subject of intense discussion. Grocery bill remains personal concern. #Econ #Inflation #Finance
@joebrusuelas.bsky.socialWhether it’s the jump since 2020 or since earlier this year the increase in rates helps define the term affordability in 2026. #Econ
@joebrusuelas.bsky.socialGood morning.
From the department of good timing.
On a morning when the rate on a 30 year fixed mortgage has jumped to 7.49% a look at increase in the repricing of risk by investors & its impact on home affordability. #Econ
share.google/BmItQ5StxtWn...
@chidonomics.comEl peso se fortalece a 17.96 por dólar mientras las reservas internacionales caen 2,533 millones de dólares en septiembre. Los bonos a largo plazo siguen bajo presión con spreads que tocan los 356 puntos base. Revisa el cierre de mercados y el estado de cuenta de Banxico en chidonomics.com. #Econ…
@joebrusuelas.bsky.socialUS Trade Deficit: take a look at the August increase in the The primary driver is imports of industrial supplies to support the cap ex buildout of AI. Imports were up 4.3% on the month, exports 1.6% after falling over the previous two months. #Econ