The latest from Bown and Keynes: Trump and Xi Would Need Personality Transplants to Get This Deal Done www.nytimes.com/2026/05/17/o...
Latest must-read from PIIE's Jason Furman on Fed Chair Jay Powell: He Was Good at Steering the Fed, but He Was a Genius at Ignoring Trump’s Threats www.nytimes.com/2026/05/14/o...
Boston Fed Prez Collins flags rate-hike scenario as inflation risks rise, per Timiraos www.wsj.com/economy/cent...
Must See TV! www.linkedin.com/posts/chad-b...
Congrats Chad Bown (PIIE) and Soumaya Keyenes (FT) on the great book review from Nobel Prize winning economist Paul Krugman! paulkrugman.substack.com/p/how-to-win...
Important new findings from PIIE's Mary Lovely and Christine Wan: Details of US so-called reciprocal trade deals reveal they are built to constrain China's economically www.piie.com/blogs/realti...
Latest Must Read from PIIE's Adnan Mazarei and Maurice Obstfeld: Taking geopolitically motivated US swap lines too far would harm the dollar and Fed independence www.piie.com/publications...
New from PIIE: Higher energy prices due to the Middle East war would slow economic growth globally, particularly in emerging markets www.piie.com/research/pii...
Latest must-read from PIIE's McKibbin, Noland! Global economic implications of the 2026 Middle East war: slower growth and higher inflation hitting emerging markets harder than advanced economies www.piie.com/publications...
In an interview, the Fed official said she is watching how households’ inflation expectations have drifted higher.
www.wsj.com
Trump-Xi Summit: IS THE U.S. PRESIDENT EQUIPPED TO WIN THIS TRADE WAR?
Thanks to Joe Mathieu and Kailey Leinz for the invitation to join Bloomberg News and for asking the key question.
My answer...
When the Trump administration imposed so-called "reciprocal," country-specific tariff rates in April 2025, it made clear that the measures were intended not only to protect US industry but also as neg...
www.piie.com
Over the past century, the United States has provided dollar liquidity abroad through both the US Treasury and the Federal Reserve, but the appropriate mode of liquidity injection depends on the econo...