Andrew Ackerman

covering the Fed for @business. formerly @washingtonpost and @wsj DC via ATL & MCO

[Christine Lagarde @Lagarde]

Just to avoid any social media chatter: the plasters on my face are due to a small surgery earlier in the week.

Follow doctor’s orders and get your skin checked regularly!

[Michael Redmond @mredmond88]

The *one* specific and interesting economic argument Chairman Warsh today was that the Fed’s interest rate “thermostat” can cool all rooms in the house, even if some are starting from a warmer position than others

[Andrew Ackerman @amacker]

Interrogating reality (talking to economists, mostly) I came up with this takeaway from today’s Kevin Warsh press conference https://t.co/sSWaGKCLyB

[Andrew Ackerman @amacker]

Cook the hawk...

[Andrew Ackerman @amacker]

“The accumulation of more information will help the committee determine the policy stance appropriate to ensure a timely return of inflation to the committee’s 2% goal,” the Fed said Wednesday.
https://t.co/IMyO4NkTT8

[Andrew Ackerman @amacker]

Amazing fall color in DC right now (or more specifically, last night)

[Andrew Ackerman @amacker]

Bob Woodward devotes a chapter in “Secrets” to his disappointment in Jeff Bezos, the billionaire owner of The Post and founder of Amazon, who is "directly compromising public trust" in the paper he purchased in 2013, Woodward says.
https://t.co/X47ZlE3OlH

[Andrew Ackerman @amacker]

“Beyond raising consumer prices and hurting Maine industries such as farming, the trade fight has damaged tourist destinations like Bar Harbor and Ogunquit, as Canadians angry at the president refrain from taking their usual vacations to the border state.” https://t.co/6FaUrHJqUd

[Andrew Ackerman @amacker]

Wild that WSJ gives regular news column real estate to podcast hosts who actively invest in the companies/subjects they cover, while holding full-time staff to strict ethics standards.

[Andrew Ackerman @amacker]

"Mr. Bloomberg wants Mr. Jeffries to have a governable majority — not just the 218 votes needed to become speaker." https://t.co/VsEq7TbYp5

[Andrew Ackerman @amacker]

Only so much you can charge for seats in a circus tent?

[VegasCheesehead @Shady_Justin]

Yooooo @brewers fans FYI you can basically get front row in Tampa for the same price as nosebleeds in Milwaukee. PACK THE TROP BREW CITY!!!! LET’S MAKE IT 7 STRAIGHT HOME GAMES!!!!

#ThisIsMyCrew #WinOurWay #WorldSeries #Postseason

[Andrew Ackerman @amacker]

As fall sets in across the country, the bill is coming due for the hottest summer on record in the United States. The last three months were about three degrees above average, hotter than the Dust Bowl summer of 1936 and the heat dome of 2021. https://t.co/lJxIEFKVEW

[Andrew Ackerman @amacker]

The Fed is likely to leave interest rates unchanged next week, a few days before the mid-term elections, but even the chief WH economic adviser acknowledges inflation is "needing some work."

https://t.co/6eJ6SZJLiz

[Matt Murray @murraymatt]

Read more, including more about Memphis, in this extensive @wapo series published last year: https://t.co/vaMf63H3od

[Mark Sobel @sobel_mark]

The symbolism of Bessent not showing up to chair a G20 Ministerial and forgoing a major gathering in Asia when China’s regional economic presence is ever larger is not a good look for the US.

[Andrew Ackerman @amacker]

The federal government’s three biggest outlays — Social Security, Medicare and debt service — all now above $1 trillion.

https://t.co/27IqiifzxJ

[Andrew Ackerman @amacker]

amazing...

[Rain @RainierDays_]

brewers radio call

[Andrew Ackerman @amacker]

Another takeaway is how upbeat Warsh was about the Fed and its staff -- an unexpected twist in tone after years of acerbic criticism and a promise of “regime change.” He praised the talent of the Fed’s staff. “They’re as proud as I am to say, ‘I work at the Federal Reserve.’”

[Andrew Ackerman @amacker]

Not a lot of news in Warsh's remarks in Bangkok, outside of a field hearing next month in the SF area. Nothing to disabuse markets anticipating a hold at the Fed's Oct 27-28 meeting.

[Andrew Ackerman @amacker]

Not a lot of news in Warsh's remarks in Bangkok, outside of a field hearing next month in the SF area. Nothing to disabuse markets anticipating a hold at the Fed's Oct 27-28 meeting.

[Nicola M. White @nicola_m_white]

Federal judge rejects @CFTC and @Gemini ‘s unusual joint request from May to undo a January 2025 $5 million settlement negotiated in the waning days of the Biden administration. On @TheTerminal.