So can Jay Powell say anything tomorrow to convince markets that the Fed doesn’t see a rate hike before 2024?
David Wessel Tue 16 Mar 2021 18:36

RT @SalehaMohsin: Treasury announces that six days ago, @JanetYellen provided an "official" signature for freshly printed paper money It's…
David Wessel Tue 16 Mar 2021 15:31

RT @Bruegel_org: ? ICYMI WATCH AGAIN: Declining competition: a transatlantic challenge Policymakers' Panel ?? @KGeorgieva @IMFNews @amyk…
David Wessel Tue 16 Mar 2021 12:46

RT @AngelUbide: Closing the gap vs the level of pre-pandemic GDP trend is a fiscal policy choice. The US has chosen to do it, the EU is cho…
David Wessel Tue 16 Mar 2021 12:41

ICYMI (or you couldn’t hear),here’s the video of our event with @Bruegel_org on “Declining competition” with Georgieva, Vestager, Klobuchar. Starts at 22:05. @BrookingsEcon Hutchins Center
David Wessel Mon 15 Mar 2021 16:35

Morgan Stanley Investment Management’s chief global strategist Ruchi Sharma: By telling central bank to target house prices, New Zealand shows the way Link via @financialtimes
David Wessel Sun 14 Mar 2021 23:14

RT @WSJ: College applications submitted via the Common App, which is used by more than 900 schools, rose by 11% nationwide. But the number…
David Wessel Sun 14 Mar 2021 18:04

RT @charlesforelle: The stimulus bill provides *free Cobra health insurance* for six months for people laid off in the past year. That can…
David Wessel Sat 13 Mar 2021 16:23

RT @Rainmaker1973: In Budapest there's a fountain that looks like a book: every few seconds a sheet of water blasts forth from the book's s…
David Wessel Sat 13 Mar 2021 15:28

RT @rosadelauro: I have been thinking a lot about my mother today. I have been reflecting on our conversations about perseverance and her r…
David Wessel Fri 12 Mar 2021 21:43

Sarah Bianchi: Biden likely to begin talks w/GOP with hopes of bipartisan infrastructure bill. A bipartisan package would have little to no tax increases. However, we think it is more likely that at some point Democrats will pursue a reconciliation bill with some pay-fors.
David Wessel Thu 11 Mar 2021 21:27

Biden nominations du jour at Treasury: -Nellie Liang, underscretary, domestic finance -Ben Harris, asst secretary, economic policy -Lily Batchelder, asst secretary, tax policy -Jonathan Davidson, asst secy, leg affairs
David Wessel Thu 11 Mar 2021 15:51

Fact o day: Data from the Fed’s Survey of Consumer Finances show that the median Black household had a net wealth of $24,000 in 2019, or nearly 90% less than the median white household. Link via @GoldmanSachs https://t.co/syELUtOoKF
David Wessel Thu 11 Mar 2021 12:16

Has anyone called Donald Trump for comment on the stock market?
David Wessel Wed 10 Mar 2021 21:41

RT @NickRiccardi: Get cracking, guys. By my calculations, you're on deadline right now.
David Wessel Wed 10 Mar 2021 19:55

RT @carlquintanilla: A truly devastating report from Goldman Sachs about black women — who, on average, are: 1. paid 35% less than white m…
David Wessel Wed 10 Mar 2021 19:55

Fact o morning: In France in January (9 months after lockdown), 53,900 births, 13% below the January 2020 level. Fewer babies born in 2020 in France than any year since end of WWII.Bucking Euro trend, births up a bit in Holland, Finland Link via @financialtimes
David Wessel Wed 10 Mar 2021 12:45

RT @JanetYellen: While I’ve been enjoying Twitter’s (very) free exchange of ideas, 280 characters often isn’t enough to capture complex ide…
David Wessel Tue 09 Mar 2021 23:39

RT @porszag: New evidence on superstar firms from Hutchins Center at @BrookingsInst -- the companies deploy a lot more digital capital than…
David Wessel Tue 09 Mar 2021 20:54

Biden stimulus will add 1 pct pt to global economic growth in 2021, OECD chief economist says. OECD sees 5.6% global growth in 2021 now, 1.4 pts higher than it saw in November. Forecast for US GDP now 6.5% in 2021 vs 3.2% in November. Link via @financialtimes
David Wessel Tue 09 Mar 2021 11:38

RT @hillhulse: Terrific piece by Neil, who did some real historical detective work in his two current neighborhoods. Like Neil, I've spent…
David Wessel Mon 08 Mar 2021 22:23

CBO says US govt budget deficit for first five months of fiscal year was $1.048 triliion vs $620 billion for same months a year ago. Revenues up 5%. Outlays up 25%. Link
David Wessel Mon 08 Mar 2021 19:48

RT @joshbivens_DC: I'm getting obsessive about this, but, people keep making this dumb argument so here goes: getting to full employment an…
David Wessel Mon 08 Mar 2021 14:08

RT @DLeonhardt: First, the basic facts: The virus has killed a fraction of as many people in Africa and Asia — despite their relative lack…
David Wessel Mon 08 Mar 2021 13:48

RT @Bruegel_org: MARK YOUR CALENDAR ?? ?? ?? 15 MARCH - 14:00 CET - 09:00 EDT Declining competition: a transatlantic challenge ?? @KGeorg…
David Wessel Mon 08 Mar 2021 13:48