David Wessel
@davidmwessel.bsky.social
Director, Hutchins Center on Fiscal & Monetary Policy, Brookings Institution
https://www.brookings.edu/people/david-wessel/
https://www.brookings.edu/people/david-wessel/
Reposted by David Wessel
At this point, the Washpost edit page is just trolling its readers.
This is today's actual house editorial.
This is today's actual house editorial.
November 25, 2025 at 2:05 PM
At this point, the Washpost edit page is just trolling its readers.
This is today's actual house editorial.
This is today's actual house editorial.
Case-Shiller: Weakest annual house price growth since early 2023, when the market was absorbing the initial shock of the Federal Reserve’s aggressive rate-hiking cycle. www.spglobal.com/spdji/en/ind...
November 25, 2025 at 3:09 PM
Case-Shiller: Weakest annual house price growth since early 2023, when the market was absorbing the initial shock of the Federal Reserve’s aggressive rate-hiking cycle. www.spglobal.com/spdji/en/ind...
What incentives are states offering to make houses less vulnerable to extreme weather damage? via Chase Parry @brookings.edu Hutchins Center www.brookings.edu/articles/wha...
What incentives are states offering to make houses less vulnerable to extreme weather damage? | Brookings
Increasingly frequent and severe weather events and rising costs of home insurance have led states to offer funds to make homes more resilient.
www.brookings.edu
November 23, 2025 at 2:31 PM
What incentives are states offering to make houses less vulnerable to extreme weather damage? via Chase Parry @brookings.edu Hutchins Center www.brookings.edu/articles/wha...
What incentives are states offering to make houses less vulnerable to extreme weather damage? www.brookings.edu/articles/wha.... via Chase Parry @brookings.edu Hutchins Center
What incentives are states offering to make houses less vulnerable to extreme weather damage? | Brookings
Increasingly frequent and severe weather events and rising costs of home insurance have led states to offer funds to make homes more resilient.
www.brookings.edu
November 21, 2025 at 9:57 PM
What incentives are states offering to make houses less vulnerable to extreme weather damage? www.brookings.edu/articles/wha.... via Chase Parry @brookings.edu Hutchins Center
Strong signal about December FOMC meeting from NY Fed President John Williams. Rate cut likely.
November 21, 2025 at 12:57 PM
Strong signal about December FOMC meeting from NY Fed President John Williams. Rate cut likely.
Reposted by David Wessel
Brexit has caused almost twice as much damage to the UK economy than estimated by official forecasts, according to new paper from a group of experts including a senior Bank of England economist
Brexit Hit to UK Economy Double Official Estimate, Study Finds
Brexit has caused almost twice as much damage to the UK economy than estimated by official forecasts, according to new paper from a group of experts including a senior Bank of England economist.
bloom.bg
November 21, 2025 at 9:30 AM
Brexit has caused almost twice as much damage to the UK economy than estimated by official forecasts, according to new paper from a group of experts including a senior Bank of England economist
Reposted by David Wessel
👇
Before the midterms of 1866, President Andrew Johnson called his congressional opponents traitors and said they should be hanged.
Voters were so profoundly moved by his words... that they gave his opponents a supermajority in Congress, and the nation got the Fourteenth Amendment.
Voters were so profoundly moved by his words... that they gave his opponents a supermajority in Congress, and the nation got the Fourteenth Amendment.
November 21, 2025 at 12:53 AM
👇
Reposted by David Wessel
Reposted by David Wessel
Now that’s a lede.
Story by @taracopp.bsky.social and @michelleboorstein.bsky.social.
Read here: www.washingtonpost.com/national-sec...
Story by @taracopp.bsky.social and @michelleboorstein.bsky.social.
Read here: www.washingtonpost.com/national-sec...
November 20, 2025 at 6:39 PM
Now that’s a lede.
Story by @taracopp.bsky.social and @michelleboorstein.bsky.social.
Read here: www.washingtonpost.com/national-sec...
Story by @taracopp.bsky.social and @michelleboorstein.bsky.social.
Read here: www.washingtonpost.com/national-sec...
Karl Rove likes Medicare Advantage because folks can chose policies from competing private insurers on govt-run marketplace but doesn't like ACA because...um...folks can chose policies from competing private insurers? www.wsj.com/opinion/is-t...
November 20, 2025 at 12:14 PM
Karl Rove likes Medicare Advantage because folks can chose policies from competing private insurers on govt-run marketplace but doesn't like ACA because...um...folks can chose policies from competing private insurers? www.wsj.com/opinion/is-t...
The @nytimes.com manages to turn folks lucky enough to buy houses with very low (4% in this case) mortgages seem like victims. Huh?
www.nytimes.com/2025/11/16/b...
www.nytimes.com/2025/11/16/b...
They Rushed to Buy Homes During the Pandemic. Now, Some Feel Trapped.
www.nytimes.com
November 20, 2025 at 12:11 PM
The @nytimes.com manages to turn folks lucky enough to buy houses with very low (4% in this case) mortgages seem like victims. Huh?
www.nytimes.com/2025/11/16/b...
www.nytimes.com/2025/11/16/b...
The US remains a violent nation, more so than many other high-income countries, but the rate of homicides has fallen sharply for nearly four straight years. There were 5,965 fewer killings in 2024 than in 2021, figures from the FBI show.https://wapo.st/4o2fVM7
Homicides have fallen sharply in these five cities — and across the U.S.
Homicides are down nearly 20 percent this year in 52 of America’s largest cities, a decline that spans both red states and blue states.
wapo.st
November 20, 2025 at 11:54 AM
The US remains a violent nation, more so than many other high-income countries, but the rate of homicides has fallen sharply for nearly four straight years. There were 5,965 fewer killings in 2024 than in 2021, figures from the FBI show.https://wapo.st/4o2fVM7
First state to do this, says @wsj.com. New Mexico expands free childcare (beginning at six weeks of age) to all incomes. Had been income limits before ($130,000 for family of four.)
www.wsj.com/us-news/in-a...
www.wsj.com/us-news/in-a...
In a U.S. First, New Mexico Opens Doors to Free Child Care for All
The state aims to give children a better start, but faces supply and staffing concerns.
www.wsj.com
November 20, 2025 at 11:29 AM
First state to do this, says @wsj.com. New Mexico expands free childcare (beginning at six weeks of age) to all incomes. Had been income limits before ($130,000 for family of four.)
www.wsj.com/us-news/in-a...
www.wsj.com/us-news/in-a...
Peter Conti-Brown has some harsh words about Biden's picks for the Federal Reserve Board (Jefferson, Kugler, Cook, and Barr) open.substack.com/pub/petercon...
The Biden Administration’s Federal Reserve Failures
The Biden Administration did not send the best central bankers. What will the Democrats learn from the experience?
open.substack.com
November 19, 2025 at 10:45 PM
Peter Conti-Brown has some harsh words about Biden's picks for the Federal Reserve Board (Jefferson, Kugler, Cook, and Barr) open.substack.com/pub/petercon...
Keys & Mulder build dataset to study homeowners insurance using over 74 million premiums from 2014–2024 inferred from mortgage escrow payments. Premium increases are capitalized into home values, reducing home price growth by over $40,000 in the most exposed zip codes. www.nber.org/papers/w32579
November 19, 2025 at 9:33 PM
Keys & Mulder build dataset to study homeowners insurance using over 74 million premiums from 2014–2024 inferred from mortgage escrow payments. Premium increases are capitalized into home values, reducing home price growth by over $40,000 in the most exposed zip codes. www.nber.org/papers/w32579
Iowa City made its buses free in Aug 2023 as a 2-year experiment. Worked so well, city council extended for another year. Paid for with a 1% increase in utility taxes and by doubling most public parking rates to $2 from $1.
www.nytimes.com/2025/11/18/c...
www.nytimes.com/2025/11/18/c...
Iowa City Made Its Buses Free. Traffic Cleared, and So Did the Air.
www.nytimes.com
November 19, 2025 at 11:57 AM
Iowa City made its buses free in Aug 2023 as a 2-year experiment. Worked so well, city council extended for another year. Paid for with a 1% increase in utility taxes and by doubling most public parking rates to $2 from $1.
www.nytimes.com/2025/11/18/c...
www.nytimes.com/2025/11/18/c...
NOTED: House prices in London, tho still double the UK average, have fallen to the lowest level in two years. via @financialtimes.com on.ft.com/4oKQ7W3
November 19, 2025 at 11:51 AM
NOTED: House prices in London, tho still double the UK average, have fallen to the lowest level in two years. via @financialtimes.com on.ft.com/4oKQ7W3
More indication that the weakness of the dollar while stock market rises (until the past few days) is because of foreigners hedging. on.ft.com/4oKQ7W3
Singapore’s Temasek warns weak US dollar is hitting returns
Chief executive Dilhan Pillay says fall in greenback a ‘big issue’ for overseas investors
on.ft.com
November 19, 2025 at 11:48 AM
More indication that the weakness of the dollar while stock market rises (until the past few days) is because of foreigners hedging. on.ft.com/4oKQ7W3
Fed's Barkin says operating with limited data is like "trying to bring a boat to shore in the pitch black and having the lighthouse go dark." www.richmondfed.org/press_room/s...
November 18, 2025 at 4:37 PM
Fed's Barkin says operating with limited data is like "trying to bring a boat to shore in the pitch black and having the lighthouse go dark." www.richmondfed.org/press_room/s...
FT says Irish finance minister Paschal Donohoe resigning to become a managing director and chief knowledge officer at the World Bank. on.ft.com/47K88xO
Irish finance minister Paschal Donohoe resigns
Premature departure will create vacancy at head of Eurogroup
on.ft.com
November 18, 2025 at 11:50 AM
FT says Irish finance minister Paschal Donohoe resigning to become a managing director and chief knowledge officer at the World Bank. on.ft.com/47K88xO
The ECB will lower average capital requirements for Europe’s biggest banks next year for the first time since pandemic. Average ommon equity tier one ratio to fall by 0.1 pct pts to 11.2% of risk-weighted assets. Lenders will still need to hold 8% more equity than in 2018. on.ft.com/4pkICoU
ECB’s top supervisor seeks new powers to override bank capital barriers
Claudia Buch says EU should look ‘more favourably’ at waivers to help lenders move money more freely around the bloc
on.ft.com
November 18, 2025 at 11:46 AM
The ECB will lower average capital requirements for Europe’s biggest banks next year for the first time since pandemic. Average ommon equity tier one ratio to fall by 0.1 pct pts to 11.2% of risk-weighted assets. Lenders will still need to hold 8% more equity than in 2018. on.ft.com/4pkICoU
Reposted by David Wessel
A questioner asks Fed governor Waller about Trump's "rather non scientific arguments" for cutting interest rates. Waller, on the short list for Fed chair, says "I'm not gonna touch that one."
November 17, 2025 at 9:06 PM
A questioner asks Fed governor Waller about Trump's "rather non scientific arguments" for cutting interest rates. Waller, on the short list for Fed chair, says "I'm not gonna touch that one."