Julia Coronado
@jc-econ.bsky.social
Founder MPP (yeah you know me), UT Austin Prof, former chief economist various financial firms, Fed economist, Prez NABE. Passionate about family, macro, cats and freedom
“We are honored to once again be named by Forbes as a top workplace for women. This recognition reflects our commitment to creating opportunities for women to grow, lead, and succeed, and fostering a culture where diverse perspectives are valued." —CEO Keith Waddell 👏❤️ $RHI
Thiard News@F4F@newsen.bsky.social · 1h agoRobert Half Recognized by Forbes as One of America’s Best Employers for Women in 2026 #United_States #Women_Empowerment #Menlo_Park #Robert_Half #Best_Employers
The JPY intervention illustrates a primary reason the Admin wants to control the Fed--to control the powerful levers of the Fed's balance sheet. Even if he gets this thru this blurring of lines b/w fiscal & monetary policy will cost Warsh political capital on the FOMC www.wsj.com/economy/cent...
Why Bessent Is Leaning on the Fed to Help Prop Up Japan’s Currency
The Treasury secretary wants the central bank to help by raising its $60 billion borrowing limit on an obscure lending program.
wsj.com
gift link: www.nytimes.com/2026/07/31/b... @nytimes.com
Warsh Considers Reducing Frequency of Fed Policy Meetings (Gift Article)
The Federal Reserve has met at least eight times a year for decades. Reducing the number of meetings would represent the biggest change by Kevin M. Warsh since he became chairman.
nytimes.com
St Louis Fed's Musalem (who doesn't have a FOMC vote this year) says he favored a rate hike. “Mr Market spoke this week, and I took signal from it. We need to continue to earn our credibility every day with both effective communications and actions as needed.” www.ft.com/content/2735...
Bond sell-off sent warning on Federal Reserve’s credibility, says top central bank official
Alberto Musalem says he supported dissenters’ calls for a quarter-point interest rate rise
ft.com
Subtext of this report from @colbylsmith.bsky.social & @bencasselman.bsky.social : FOMC is PISSED (No link yet, will post when I have one)
The stock market may soon discover how much global investment in Treasuries ensured cheap funding and contributed to US exceptionalism (not the only factor obviously but cheap money sure helps grease the wheels)
Details of GDP show a solid economy led by consumption and investment while inflation creeps higher (even market based subtracting portfolio mgmt). Why would the Fed not raise rates?
Any concern that Warsh may try to define away inflation is not being assuaged here
So all the hoopla was likely just nervousness around lack of FG, the Fed held as expected given signaling and data
This is an insightful thread on fiscal power at the state and local level
mtsw@mtsw.bsky.social · last wk.I think it's good that Mamdani is Just Doing Stuff but more people gotta realize that it is not a matter of Will or motivation or whatever but because the NYC Mayor, as an office, is one of the uniquely powerful individual offices you can hold in the United States (seriously)
Rest in peace Gilberto Cardenas. Scholar, activist, friend who understood better than anyone the importance of the arts and the incredible value of supporting artists and ensuring they can make a living feeding our souls www.harrellfuneralhomes.com/obituaries/G...
Obituary information for Gilberto Cardenas
View Gilberto Cardenas's obituary, contribute to their memorial, see their funeral service details, and more.
harrellfuneralhomes.com
My Haitian friend was just fired from his job. "They said I don't have a legal status now." This is likely happening to hundreds of thousands of people across this country today. Sick.
Everyone is watching what Warsh says at 2:30 tomorrow. Watch what the committee says at 2:00. The FOMC statement is where compromises get forged. I mocked up one I think they could agree to, redlined from June. New post: stayathomemacro.substack.com/p/making-a-s...
Making a Statement
The FOMC statement, not the press conference, may be the best window into where the Fed is headed. Here's my mockup for Wednesday.
stayathomemacro.substack.com
Fresh off birdwatching in the Amazon, former Atlanta Fed Prez Bostic urges the task forces to start with what problem/ challenge each communication policy & policy practice was seeking to address then consider if there are better approaches at the @nabe-econ.bsky.social Economic Measurement Seminar
At dinner before day one of his first meeting as Fed chair, Kevin Warsh told his 18 colleagues he was launching five task forces to rethink how the Fed reads the economy. Chris Waller asked what the point was. Name who's on them, he said, and I'll tell you what they'll say.
Kevin Warsh Wanted a ‘Good Family Fight’ at the Fed. He’s Getting One.
The new chairman initiated a debate over how the central bank works, and it could test his tight-lipped approach on the economy.
wsj.com
Citadel Securities Sees Warsh Delivering Surprise Fed Rate Hike 👀
TPS for Haitians officially expires tomorrow. ICE is planning big operations, with Springfield, Ohio among the targets www.cbsnews.com/news/ice-hai...
ICE plans to target Haitians as Temporary Protected Status is set to end, sources say
The plans include arresting migrants in Ohio and quickly putting them on deportation flights to crisis-stricken Haiti, the internal documents indicate.
cbsnews.com
The discourse around a July rate hike has tilted heavily toward the very real upside risks to inflation from the war re-escalation but w/ little discussion of the also real downside risks to the economy from a protracted conflict—recent wobbles in risk appetite are arguably a warning indicator
Residential rates should be fixed at a rate increase of 50% of inflation. We have the technology to make this happen. Force culture change within the Utility to make this happen.
Joshua Basseches@joshuabasseches.bsky.social · 2w agoIllustration of the "dance" that regularly occurs b/t monopoly electric utilities & state PUCs throughout the country. Utility comes in w/ high ROE number, then lowers is - which seems like a concession - but who really knows other than the utility itself? www.utilitydive.com/news/ncuc-qu...
I have been delighted at all the animals on my feed this weekend, let there be light! #caturday #catsofbluesky
Housing demand continues to grind along near the lows--mortgage lock from the level shift up in rates, weakening demographics from immigration + millennials completing their homebuying years, and lack of affordability make it hard to see where momentum will come from
TOP in @punchbowlnews.bsky.social ☀️ AM: In one day, Johnson and House GOP leaders overcame opposition to pass three major bills. The next challenge: it’s increasingly clear that Senate Republicans won’t take up reconciliation before Election Day. Read the latest: punchbowl.news/article/hous...
Could reconciliation 3.0 slip to the lame duck?
The challenge for Johnson, Trump and House Republicans: it’s increasingly clear that Senate Republicans won’t take up reconciliation before Election Day.
punchbowl.news
The Trump admin's latest strategy to mass generate removal orders is diabolical: - Take a huge group of people with hearings scheduled in late 2026, 2027, or 2028. - Send them a physical letter rescheduling all of their cases to next week. - Those who inevitably miss court get ordered deported.
Deportation Orders Soar in NYC as Trump 'Mega Master' Hearings Accelerate
A new report finds removal orders for people who missed hearings more than doubled in New York City in June, as a new tactic of hastily scheduled court dates rolled out.
thecityreporter.nyc
Another day, another software provider raising my subscription fee (this time by 6.4%) b/c thaty "listened to my feedback" and are providing AI tools I don't want or need. Shouldn't they be using AI to operate more efficiently and offer me more at the same cost? Or is that all on me? 🤔
Two weeks ago today, after Nasdaq willingly rigged the rules, somewhere btw $7-10 bil of passive money was forced to buy SpaceX at $160.42 Today, 10 trading days later, it closed at $119.85 It’s an unprecedented forced loss (at least $2b) for passive investors and our financial media is 🦗
