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Reposted by David Wessel

José Sepúlveda @josesepulveda.bsky.social · 15h

ProPublica obtained records from the Department of Agriculture that detail the 94 million pounds of food, down to the number of eggs, that never reached food banks because of the #Trump administration’s cuts to The Emergency Food Assistance Program.

My latest video for @propublica.org.

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Diane Swonk @dianeswonk.bsky.social · 13h

Prez Anna Paulson, who rotated on to the FOMC voting committee next year, supports two additional rate cuts this year but caution next year. Worries ab employment & risk to low income households. Economy carried by affluent. BUT cautious cuts in 2026.

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David Wessel @davidmwessel.bsky.social · 13h

NABE economists: The largest share of panelists (37%) believes that the break-even monthly payroll # is between 25,000 and 50,000; the second-largest (24%) pegs it between 50,001 and 75,000; and the third-largest (21%) at between 75,001 and 100,000 nabe.com/NABE/Surveys...

October 2025 Outlook Survey Summary

NABE Outlook Survey (October 2025): Panelists revise economic growth forecasts higher while inflation forecasts are mixed.

nabe.com

Reposted by David Wessel

Aaron Sojourner @aaronsojourner.org · 15h

The Friends of BLS steering committee is sponsoring a member webinar noon to 1pm ET Thurs, Oct 23.

We aim to build nonpartisan support for a strong BLS & need your perspectives & energy.

Former Commissioners @ericagroshen.bsky.social, William Beach, & @erikamcentarfer.bsky.social will...
#EconSky

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Reposted by David Wessel

EconReporter @econreporter.bsky.social · 17h

A good time to re-read Brad W. Setser and Stephen Paduano's SDR Denominated Bond proposal. I understand it much better this time around

www.cfr.org/blog/how-sdr...

How an SDR Denominated Bond Could Work

How would an SDR bond work? Could such a bond issue help stretch the World Bank's and safely mobilize billions to fight poverty and finance investments in clean technology in the world's frontier mar…

www.cfr.org

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David Wessel @davidmwessel.bsky.social · 20h

For spreadsheet with data on the @wsj.com economist survey: www.wsj.com/economy/econ...

About The Wall Street Journal Economic Forecasting Survey

Answers to frequently asked questions about the survey plus links to survey stories and archival data.

www.wsj.com

David Wessel @davidmwessel.bsky.social · 20h

A 2014 wsj.com piece by Tim Aeppel on optimistic Joel Mokyr (today's Nobel Prize winner) vs pessimistic Bob Gordon, both at Northwestern online.wsj.com/articles/eco...

Economists Duel Over Idea That Technology Will Save the World

Two Northwestern University colleagues are famous for their very different views of the 21st century economy: innovation versus stagnation.

online.wsj.com

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David Wessel @davidmwessel.bsky.social · 20h

WSJ asks 64 economists who would be BEST choice for Fed chair:
1. Waller
2. Bullard
3. Logan
Who is Trump LIKELY to pick:
1. Hassett
2. Waller
3. Warsh
www.wsj.com/economy/cent...

Stronger Growth, Weaker Hiring: Forecasters See a Split-Screen Economy

In the latest Wall Street Journal survey, forecasters also predict that the Federal Reserve will become less independent.

www.wsj.com

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Reposted by David Wessel

Ted McCormick @tedmccormick.bsky.social · 1d

Shared courtesy of my Penn History colleague, Ben Nathans

Image: A variation on Benjamin Franklin’s “Join, or Die” engraving, originally published in the Pennsylvania Gazette in 1754. Each segment of the snake has the name of a university sent Trump’s “compact”: Texas, AZ, Vanderbilt, USC, Dartmouth, UVA, Brown, Penn, MIT.

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Bhaven N. Sampat @sampat.bsky.social · 2d

The new School of Government and Policy at Johns Hopkins University (sogp.jhu.edu
) is hiring, including in science and innovation policy:

• Junior: facultyjobs.jhu.edu/Home/Positio...

• Senior: facultyjobs.jhu.edu/Home/Positio...

Please share with anyone who may be interested.

Home - JHU School of Government and Policy

Johns Hopkins School of Government and Policy advances governance with research, data-driven analysis, and innovative solutions to today’s challenges.

sogp.jhu.edu

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Reposted by David Wessel

Sheryl Gay Stolberg @sherylnyt.bsky.social · 3d

BREAKING: Friday night massacre underway at CDC. Doznes of "disease detectives," high-level scientists, entire Washington staff and editors of the MMWR (Morbidity and Mortality Weekly Report) have all been RIFed and received the following notice:

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David Wessel @davidmwessel.bsky.social · 3d

Law prof and former Fed gov Dan Tarullo says it’ll be tough for Supreme Court to say that Fed is independent of White House in monetary policy but not in regulatory policy since the same Fed governors are responsible for both. www.brookings.edu/articles/can...

Can the Federal Reserve be split in two? | Brookings

Former Fed gov. Tarullo explores the idea that a president can fire a Fed governor over regulatory (but not monetary) policy & why this split is untenable.

www.brookings.edu

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David Wessel @davidmwessel.bsky.social · 3d

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Aaron Rupar @atrupar.com · 3d

Hegseth: "I'm also proud that today we're signing a letter of acceptance to build a Qatari Emeri air force facility at the Mountain Home Airbase in Idaho."

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The Upshot @upshot.nytimes.com · 7d

The decline is occurring as the Trump administration has delayed visa processing, instituted travel bans or restrictions for 19 countries, threatened to deport international students for pro-Palestinian speech, and heightened the vetting of student visa applicants.

www.nytimes.com/interactive/...

Nearly 20 Percent Fewer International Students Traveled to the U.S. in August

The data shows the steepest decline in August international student arrivals since the pandemic.

www.nytimes.com

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David Wessel @davidmwessel.bsky.social · 3d

The selective release of data during shutdown (CPI-yes, jobs report-no) is troubling.

Ben Casselman @bencasselman.bsky.social · 4d

SCOOP: The Bureau of Labor Statistics is preparing to release the September C.P.I. report despite the shutdown. (Exact date still unclear -- almost certainly not the original Oct. 15 date.) #EconSky #NumbersDay

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David Wessel @davidmwessel.bsky.social · 3d

Oklahoma Gov. Kevin Stitt (R), co-chair National Governors Association, condemned Trump's deployment of National Guard across state lines. www.nytimes.com/2025/10/09/u...

Oklahoma’s Republican Governor Criticizes National Guard Deployment in Chicago

www.nytimes.com

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David Wessel @davidmwessel.bsky.social · 3d

CNBC says Bessent has narrowed Fed chair pool to Bowman, Waller, Hassett, Warsh, and BlackRock Fixed Income CIO Rick Rieder.

CNBC @cnbc.com · 3d

Trump's Fed chair candidates list narrowed down to five by Bessent after interviews, sources say

Treasury plans to hold another round of interviews with all five candidates in the coming weeks and months.

cnb.cx

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David Wessel @davidmwessel.bsky.social · 3d

Are geopolitics leading to fragmentation of the international financial system? Launching this year's Geneva Report @brookings.edu Hutchins Center. In-person (registration required) & livestreamed. Oct 20 10 AM EDT www.brookings.edu/events/are-g...

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David Wessel @davidmwessel.bsky.social · 3d

Duflo and Banerjee leave MIT for University of Zurich. #econsky

Florian Scheuer @florianscheuer.bsky.social · 3d

I am delighted to share that Nobel laureates Esther Duflo and Abhijit Banerjee will join our Department of Economics @econ.uzh.ch at the University of Zurich on July 1, 2026, as Lemann Foundation Professors of Economics.

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Reposted by David Wessel

The Daily Show @thedailyshow.com · 4d

The following is REAL footage from Portland, 2025. Viewer discretion is advised.

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David Wessel @davidmwessel.bsky.social · 4d

Apparently (according to Brad Setser) US Treasury is issuing Special Drawing Rights Certificates to the Fed in return for dollars which will go into the Exchange Stabilization Fund and the Treasury will then lend (swap) dollars to Argentina.

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David Wessel @davidmwessel.bsky.social · 4d

Senate votes 83-14 to reject Sen. Rand Paul's proposed amendment to the National Defense Authorization Act that would have prohibited the Fed from paying interest on reserves.

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Reposted by David Wessel

Ben Casselman @bencasselman.bsky.social · 4d

SCOOP: The Bureau of Labor Statistics is preparing to release the September C.P.I. report despite the shutdown. (Exact date still unclear -- almost certainly not the original Oct. 15 date.) #EconSky #NumbersDay

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David Wessel @davidmwessel.bsky.social · 4d

This is only the 4th time since 1996 the US has intervened in FX – and the first time since then in EM FX. the other interventions were to buy Yen in 1998, buy euros in 2000 and sell Yen in 2011, says Evercore/ISI.

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David Wessel @davidmwessel.bsky.social · 4d

What shutdown? Treasury Secy Scott Bessent says (on X) Treasury bought Argentine pesos today -- and finalized a $20 billion swap line with Argentina's central bank. Wonder if the Fed had to sign off on the swaps. x.com/SecScottBess...

Treasury Secretary Scott Bessent on X: "The @USTreasury has concluded 4 days of intensive meetings with Minister @LuisCaputoAR and his team in DC. We discussed Argentina’s strong economic fundamentals, including structural changes already underway that will generate significant dollar-denominated exports and foreign" / X

The @USTreasury has concluded 4 days of intensive meetings with Minister @LuisCaputoAR and his team in DC. We discussed Argentina’s strong economic fundamentals, including structural changes already underway that will generate significant dollar-denominated exports and foreign

x.com

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