EconReporter
@econreporter.bsky.social
Independent journalist focusing on economics and global economy
Our website: en.econreporter.com
Our website: en.econreporter.com
Pinned
Here is my Standing Repo Facility & Repo Crisis live update page
which will help me capture the progress and changes in a more comprehensive manner~
which will help me capture the progress and changes in a more comprehensive manner~
Reposted by EconReporter
On Dec. 12, Statistics Canada released a preliminary estimate of the national poverty rate in 2024. It was 10.9%, the same as in 2023. The Canada Child Benefit introduced by Parliament in 2016 brought the rate down considerably. The pandemic and weak growth thereafter brought it back up. #cdnecon
December 16, 2025 at 3:20 AM
On Dec. 12, Statistics Canada released a preliminary estimate of the national poverty rate in 2024. It was 10.9%, the same as in 2023. The Canada Child Benefit introduced by Parliament in 2016 brought the rate down considerably. The pandemic and weak growth thereafter brought it back up. #cdnecon
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Here, because I just finished @birdyword.bsky.social excellent The Land Trip is a picture of 2 exponents of very successful ideologies (in the country of their origin) of the last quarter of the 20th century— John Paulism & Georgism.
December 16, 2025 at 3:13 AM
Here, because I just finished @birdyword.bsky.social excellent The Land Trip is a picture of 2 exponents of very successful ideologies (in the country of their origin) of the last quarter of the 20th century— John Paulism & Georgism.
Reposted by EconReporter
Chris Waller is the obvious choice who’s gotten macro calls correctly and there’s no reason to be confident either Kevin would. I suspect Warsh would get more goodwill and be able to persuade the FOMC dovishly more than Hassett, but it won’t be easy for either.
December 16, 2025 at 3:07 AM
Chris Waller is the obvious choice who’s gotten macro calls correctly and there’s no reason to be confident either Kevin would. I suspect Warsh would get more goodwill and be able to persuade the FOMC dovishly more than Hassett, but it won’t be easy for either.
Reposted by EconReporter
Warsh is a Fed institutionalist who voted with Bernanke even though he disagreed as a hawk. He knows how compromise brings about an FOMC consensus and is good at Fedspeak. It’s hard to make a serious case for either on fundamentals and policy, but Warsh has some underappreciated assets.
December 16, 2025 at 2:57 AM
Warsh is a Fed institutionalist who voted with Bernanke even though he disagreed as a hawk. He knows how compromise brings about an FOMC consensus and is good at Fedspeak. It’s hard to make a serious case for either on fundamentals and policy, but Warsh has some underappreciated assets.
Reposted by EconReporter
There are lots of predictions that the FOMC will be uber dovish in 2026 under a new chairman but that’s really not how the 19-person committee operates. The data will matter more than the FOMC members and the inflation hawks are not going away.
December 16, 2025 at 3:11 AM
There are lots of predictions that the FOMC will be uber dovish in 2026 under a new chairman but that’s really not how the 19-person committee operates. The data will matter more than the FOMC members and the inflation hawks are not going away.
Reposted by EconReporter
*ANGLO AMERICAN, TECK RECEIVE CANADA APPROVAL FOR MERGER
December 16, 2025 at 2:37 AM
*ANGLO AMERICAN, TECK RECEIVE CANADA APPROVAL FOR MERGER
Reposted by EconReporter
Why should other countries sign deals with the United States when this president is breaking **his own deals** after less than 6 months?
www.reuters.com/world/europe...
www.reuters.com/world/europe...
US suspends technology deal with Britain, FT reports
The United States has suspended a technology deal it struck with Britain earlier this year, which was intended to boost ties in artificial intelligence, quantum computing and civil nuclear energy, the...
www.reuters.com
December 16, 2025 at 2:07 AM
Why should other countries sign deals with the United States when this president is breaking **his own deals** after less than 6 months?
www.reuters.com/world/europe...
www.reuters.com/world/europe...
Reposted by EconReporter
We should have an award for creative imputation of missing October CPS data
Today in "adventures in false precision": If the unemployment rate comes in at 4.6% tomorrow, and does the same in December (not most people's base case, but hardly inconceivable), then the question of whether the Sahm Rule triggered will depend on how you handle October's missing number. #EconSky
December 16, 2025 at 12:57 AM
We should have an award for creative imputation of missing October CPS data
Florida?? how these things work?
President Donald Trump on Monday night filed a $5 billion defamation lawsuit against the BBC in federal court in Florida.
President Donald Trump on Monday night filed a $5 billion defamation lawsuit against the BBC in federal court in Florida.
Trump sues BBC for $5 billion, claims defamation from Panorama documentary
www.cnbc.com
December 16, 2025 at 12:30 AM
Florida?? how these things work?
President Donald Trump on Monday night filed a $5 billion defamation lawsuit against the BBC in federal court in Florida.
President Donald Trump on Monday night filed a $5 billion defamation lawsuit against the BBC in federal court in Florida.
Reposted by EconReporter
Trump sues BBC for $5 billion, claims defamation from Panorama documentary
Trump sues BBC for $5 billion, claims defamation from Panorama documentary
cnb.cx
December 16, 2025 at 12:29 AM
Trump sues BBC for $5 billion, claims defamation from Panorama documentary
that... was 442?
Ruben Amorim jettisoned his beloved 3-4-3, played 4-4-2, drew 4-4 and dropped two more points at Old Trafford. Manchester United attacked better in a new shape but conceded four as Bournemouth kept coming back. On Man Utd 4-4 Bournemouth:
www.independent.co.uk/sport/footba...
www.independent.co.uk/sport/footba...
Man United’s next task is clear as dramatic intervention leads to game of the season
Manchester United 4-4 Bournemouth: Ruben Amorim’s shift in formation brought his team’s best attacking display in months - the problem was at the other end, and that his side still cannot win games
www.independent.co.uk
December 16, 2025 at 12:29 AM
that... was 442?
Reposted by EconReporter
Atlanta Fed says it will seek new head with 'meaningful ties' to the southeastern district reut.rs/4s3SYvy
Atlanta Fed says it will seek new head with 'meaningful ties' to the southeastern district
The Atlanta Federal Reserve said on Monday it had begun the process for choosing a replacement for outgoing President Raphael Bostic, with plans to hire an executive search firm to assemble "a large pool of candidates who have meaningful ties to the Sixth Federal Reserve District."
reut.rs
December 16, 2025 at 12:25 AM
Atlanta Fed says it will seek new head with 'meaningful ties' to the southeastern district reut.rs/4s3SYvy
People familiar with those talks said US officials were becoming increasingly frustrated with the UK’s lack of willingness to address so-called non-tariff barriers, including rules and regulations governing food and industrial goods.
US suspends technology deal with the UK on.ft.com/4j2CiAm
US suspends technology deal with the UK
Washington pushes for concessions from London on the broader trade relationship
on.ft.com
December 16, 2025 at 12:25 AM
People familiar with those talks said US officials were becoming increasingly frustrated with the UK’s lack of willingness to address so-called non-tariff barriers, including rules and regulations governing food and industrial goods.
if you follow her from the Alphaville days, you know @tracyalloway.bsky.social is one of the best writer of central bank plumbing.
and she still is.
"too bad" that "little thing called Odd Lots take up all her times
and she still is.
"too bad" that "little thing called Odd Lots take up all her times
The Fed Is Trying Something It’s Never Done Before
Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developme...
www.bloomberg.com
December 16, 2025 at 12:14 AM
if you follow her from the Alphaville days, you know @tracyalloway.bsky.social is one of the best writer of central bank plumbing.
and she still is.
"too bad" that "little thing called Odd Lots take up all her times
and she still is.
"too bad" that "little thing called Odd Lots take up all her times
Reposted by EconReporter
President Trump said he planned to file his lawsuit against the BBC in the coming hours, suggesting the UK broadcaster had not appeased him with its apology
Trump Says He Plans to File BBC Lawsuit Monday or Tuesday
President Donald Trump said he planned to file his lawsuit against the British Broadcasting Corp. in the coming hours, suggesting the UK broadcaster had not appeased him with its apology.
bloom.bg
December 16, 2025 at 12:00 AM
President Trump said he planned to file his lawsuit against the BBC in the coming hours, suggesting the UK broadcaster had not appeased him with its apology
Reposted by EconReporter
these words are from Thomas Hoenig:
It is surprising that the media failed to ask for more detail as to why restarting large open market purchases of U.S. Treasuries was not a restart of quantitative easing (QE), a monetary policy action that perhaps should have required a FOMC vote
It is surprising that the media failed to ask for more detail as to why restarting large open market purchases of U.S. Treasuries was not a restart of quantitative easing (QE), a monetary policy action that perhaps should have required a FOMC vote
The Fed’s QE—and the Claim of a Technical Adjustment
How a large balance-sheet expansion blurs the line between liquidity management and monetary accommodation
www.finregrag.com
December 15, 2025 at 11:47 PM
these words are from Thomas Hoenig:
It is surprising that the media failed to ask for more detail as to why restarting large open market purchases of U.S. Treasuries was not a restart of quantitative easing (QE), a monetary policy action that perhaps should have required a FOMC vote
It is surprising that the media failed to ask for more detail as to why restarting large open market purchases of U.S. Treasuries was not a restart of quantitative easing (QE), a monetary policy action that perhaps should have required a FOMC vote
Reposted by EconReporter
December 15, 2025 at 11:40 PM
the CNBC logo looms really like CCTV or something like that
December 15, 2025 at 11:32 PM
the CNBC logo looms really like CCTV or something like that
Reposted by EconReporter
December 15, 2025 at 11:27 PM
my Niagara Falls suggestion? built a super mall there!
I am surprised how they can have ghost house but not a mall there. It's very Canadian to be honest, but it too Canadian.
Put a mall there so people can spend several more hours in door!
I am surprised how they can have ghost house but not a mall there. It's very Canadian to be honest, but it too Canadian.
Put a mall there so people can spend several more hours in door!
December 15, 2025 at 11:27 PM
my Niagara Falls suggestion? built a super mall there!
I am surprised how they can have ghost house but not a mall there. It's very Canadian to be honest, but it too Canadian.
Put a mall there so people can spend several more hours in door!
I am surprised how they can have ghost house but not a mall there. It's very Canadian to be honest, but it too Canadian.
Put a mall there so people can spend several more hours in door!
Reposted by EconReporter
Jimmy Lai's son urges UK to back words with action after Hong Kong verdict
trib.al/dQZ052y
trib.al/dQZ052y
Jimmy Lai's son urges UK to back words with action after Hong Kong verdict
Trump asked Xi to consider release of media mogul, US president says
trib.al
December 15, 2025 at 11:21 PM
Jimmy Lai's son urges UK to back words with action after Hong Kong verdict
trib.al/dQZ052y
trib.al/dQZ052y
Reposted by EconReporter
‘Scott Bessent’s tight grip on the selection process means that, whoever gets the job, the U.S. Treasury Secretary will effectively be in the chair.’ www.reuters.com/commentary/b...
Breakingviews - Scott Bessent will be the real next Fed chair
The US Treasury Secretary’s tight grip on picking Jerome Powell’s replacement previews a new era for the central bank. A Bessent-led review of the Fed’s $6.6 trln balance sheet and bank regulations me...
www.reuters.com
December 15, 2025 at 6:57 PM
‘Scott Bessent’s tight grip on the selection process means that, whoever gets the job, the U.S. Treasury Secretary will effectively be in the chair.’ www.reuters.com/commentary/b...
Reposted by EconReporter
Argentina’s central bank said it would allow the peso to move more freely, responding to investors who have demanded President Javier Milei’s government correct an overvalued currency. on.wsj.com/3MEIimH
Milei Moves to Ease Controls on Argentine Peso
The country’s central bank said it would change its currency band to address an overvalued peso and rebuild international reserves.
on.wsj.com
December 15, 2025 at 11:18 PM
Argentina’s central bank said it would allow the peso to move more freely, responding to investors who have demanded President Javier Milei’s government correct an overvalued currency. on.wsj.com/3MEIimH
Beyond the now-approved crypto firms, Nissan Motor Co.’s financing arm earlier this year applied for the same charter that PayPal is pursuing, and Japan’s Sony Group Corp. has also applied to be a bank.
PayPal Applies to Become a Bank as US Loosens Regulatory Reins
PayPal Holdings Inc. applied to become a bank in the US, looking to take advantage of the Trump administration’s openness to financial-technology companies entering the banking system.
www.bloomberg.com
December 15, 2025 at 11:18 PM
Beyond the now-approved crypto firms, Nissan Motor Co.’s financing arm earlier this year applied for the same charter that PayPal is pursuing, and Japan’s Sony Group Corp. has also applied to be a bank.