Sam Sutton
Fintech and Crypto Reporter at POLITICO
Co-Author at Morning Money Newsletter
POLITICO Morning Money. Formerly POLITICO New Jersey. Bay Area native. RTs and Likes ≠ endorsements. email: [email protected] Signal: 925.216.7576
Articles
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1 week ago |
politico.com | Sam Sutton |Victoria Guida
“The market now believes that trade policy can change from minute to minute,” said Chip Hughey, a managing director of fixed income securities at Truist. The U.S. Treasury Department building is seen in Washington on Jan. 19, 2023. | Saul Loeb/AFP via Getty Images Bond investors went ballistic when President Donald Trump’s tariffs took effect this week. Consider it a preview for what’s in store.
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1 week ago |
politico.com | Sam Sutton |Victoria Guida
Bond investors went ballistic when President Donald Trump’s tariffs took effect this week. Consider it a preview for what’s in store. The sharp sell-off in government debt securities that underpin the global financial system pushed Trump to pause for 90 days his plans to slap gargantuan tariffs on dozens of trading partners. “I was watching the bond market,” he explained.
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1 week ago |
politico.com | Sam Sutton |Victoria Guida
Editor’s note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro.
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2 weeks ago |
politico.com | Sam Sutton
Federal Reserve Bank of Chicago President Austan Goolsbee on Thursday offered an unusually blunt assessment of administration policy, saying tariffs risk a “stagflationary shock” that may challenge the Fed’s ability to react. “A tariff is like a negative supply shock. It’s a stagflationary shock,” he said during a fireside chat hosted by the Economic Club of New York.
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2 weeks ago |
yahoo.com | Sam Sutton
Federal Reserve Bank of Chicago President Austan Goolsbee on Thursday offered an unusually blunt assessment of administration policy, saying tariffs risk a “stagflationary shock” that may challenge the Fed’s ability to react. “A tariff is like a negative supply shock. It’s a stagflationary shock,” he said during a fireside chat hosted by the Economic Club of New York.
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Finally, good news
After being shut down due to COVID, a Bay Area sports bar in New York City has re-opened. The co-owner of Finnerty's spoke to @PavlovicNBCS about how the timing could not be more perfect. https://t.co/bIrtsOkvRQ
RT @TheStalwart: If it weren't for the tariffs, this would be one of the biggest stories in the world right now. From Bloomberg economist @…
Fed official calls tariffs ‘stagflationary shock,’ in stark comment on Trump policy https://t.co/L378KeT7PS