🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

G7 Finance Ministers just reaffirmed this language👇 in May. Maybe ECB should look at the last half of first sentence and Trump 2.0 on the second sentence.

Thanks to Michael Pettis for circulating this piece. And whatever one thinks about the piece, any analysis from the incredibly smart and talented Kai Guo, and his colleagues, merits a careful read.

I still don't understand how IMF can say that roughly 100% debt/GDP and 50% interest payments/revenue ratios are sustainable, let alone not impose massive & excessive burdens on the backs of SL's people.

Trump wants 1% funds rate & cheap Fed finance for US debt. Even if Fed cuts in Sept, will only be 25 bps, to 4-4.25%, not even close to 1%. Fed little influence over long term rates. Bessent shamefully disingenuous & should focus on cutting deficit; contrary to horrid BBB.

Gee. Who would have ever guessed it? omfif.org/2023/08/brics-…

A quick thread highlighting the (many) puzzle's in China's balance of payments data -- The first, of course, is why did errors (now the statistical discrepancy)/ hot money flows disappear with the property bubble? (my answer is that they didn't really) 1/

Trump 2.0 ignores that US fiscal policies are a major contributor to our deficits. BBB will add to dissaving. Tariffs aren't the answer. We need to come clean on and fix our problems rather than just blaming foreigners.

Only one of the world's foremost economic historians could offer such thoughtful insights. Harold James graces the OMFIF commentary page. omfif.org/2025/07/the-pe…

Great quotes from Wendy Cutler.

👏👏👏👏👏 Spot on from French Hill!

I'm looking forward to my conversation Thursday a.m. with St. Louis Fed President, Alberto Musalem. He's a tremendous economist with tons of firsthand market experience. 👇 omfif.org/meetings/a-con…

President Chester Arthur in 1883 secured passage of the Pendleton Civil Service Reform Act, providing that most govt positions (not Plum Book) should be based on merit, not spoils. That Act has served America well for over 140 years. Will it become a relic of the past?

Lael Brainard is spot on below! The real reason Trump wants to fire the Fed chair washingtonpost.com/opinions/2025/…

👏 👏 👏

Yesterday, Alberto Musalem, president and chief executive officer of St. Louis Fed , joined Mark Sobel to discuss the trajectory of the US economy. Watch on demand: omfif.org/videos/a-conve…

Huge thanks to Alberto Musalem and the St Louis Fed. A truly thoughtful and enlightening discussion all because of the tremendous insights Alberto brings to the table.

Alberto Musalem, St Louis Fed President, provides invaluable insights below, esp on tariffs & inflation, benefits of Fed independence, balance sheet policy/interest on reserves, importance of regional Feds, balance of risks for monetary policy & more. omfif.org/videos/a-conve…

Great piece. And you’re right — fairly or not, the credibility of a Warsh, Hassett, or Bessent to defend the dual mandate and Fed independence will be met with enormous skepticism.

The debt ceiling was “outdated” ages ago, it doesn’t discipline our misguided fiscal policy and it should be abolished ASAP. washingtonpost.com/politics/2025/…

Dutch disease conjures FX/external issues. Country S/I imbalances shaped by structural factors. Issue is if imbalance is “excessive”. Demand for US assets buoys $. But our imbalance is excessive b/c national savings too low. US problem is poor fiscal policy, not Dutch disease.