Preston Mui

@prestonmui.bsky.social

Economist at Employ America | Kasia Niewiadoma Fanboy | Bird Liker Seattle, WA

Timiraos: “But to several Fed watchers, he had stretched a defensible objection into something broader, discarding not just predictions about the next move but any account of how the committee will reason its way to a decision.” www.wsj.com/economy/cent...

Warsh Overhauls How the Fed Talks and Keeps Markets Guessing on Rates

In his debut as chairman, Kevin Warsh stripped away the central bank’s policy hints and committed to bringing inflation down—but wouldn’t say what that will take

wsj.com

Today's post estimates that 64% of the recent increase in unemployment of young college graduates can be explained by remote work. Recent grads in jobs that can be done remotely have a higher unemployment rate than those in fields where work is more likely to be in person. nyfed.org/49xvTtq

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