EconReporter
@econreporter.bsky.social
Independent journalist focusing on economics and global economy
Our website: en.econreporter.com
Our website: en.econreporter.com
Pinned
Here is my Standing Repo Facility & Repo Crisis live update page
which will help me capture the progress and changes in a more comprehensive manner~
which will help me capture the progress and changes in a more comprehensive manner~
I mean...
Exporters, meet Affordability Crisis in the US
this is an interesting story. The way to make foreigners pay the tariff? Make America Poor Again!
Exporters, meet Affordability Crisis in the US
this is an interesting story. The way to make foreigners pay the tariff? Make America Poor Again!
This NY Fed piece actually shows the tariff incidence on exporters
1) was zero in Trump 1,
2) 6% in first 8 months of 2025
3) 14% in November
So foreign producers are paying **increasing** share of the tariff
(Now I can work for the White Hose 🤪)
1) was zero in Trump 1,
2) 6% in first 8 months of 2025
3) 14% in November
So foreign producers are paying **increasing** share of the tariff
(Now I can work for the White Hose 🤪)
Who Is Paying for the 2025 U.S. Tariffs? - Liberty Street Economics
Over the course of 2025, the average tariff rate on U.S. imports increased from 2.6 to 13 percent. In this blog post, we ask how much of the tariffs were paid by the U.S., using import data through No...
libertystreeteconomics.newyorkfed.org
February 16, 2026 at 3:31 PM
I mean...
Exporters, meet Affordability Crisis in the US
this is an interesting story. The way to make foreigners pay the tariff? Make America Poor Again!
Exporters, meet Affordability Crisis in the US
this is an interesting story. The way to make foreigners pay the tariff? Make America Poor Again!
This NY Fed piece actually shows the tariff incidence on exporters
1) was zero in Trump 1,
2) 6% in first 8 months of 2025
3) 14% in November
So foreign producers are paying **increasing** share of the tariff
(Now I can work for the White Hose 🤪)
1) was zero in Trump 1,
2) 6% in first 8 months of 2025
3) 14% in November
So foreign producers are paying **increasing** share of the tariff
(Now I can work for the White Hose 🤪)
Who Is Paying for the 2025 U.S. Tariffs? - Liberty Street Economics
Over the course of 2025, the average tariff rate on U.S. imports increased from 2.6 to 13 percent. In this blog post, we ask how much of the tariffs were paid by the U.S., using import data through No...
libertystreeteconomics.newyorkfed.org
February 16, 2026 at 3:29 PM
This NY Fed piece actually shows the tariff incidence on exporters
1) was zero in Trump 1,
2) 6% in first 8 months of 2025
3) 14% in November
So foreign producers are paying **increasing** share of the tariff
(Now I can work for the White Hose 🤪)
1) was zero in Trump 1,
2) 6% in first 8 months of 2025
3) 14% in November
So foreign producers are paying **increasing** share of the tariff
(Now I can work for the White Hose 🤪)
Reposted by EconReporter
Renmeuro has a ring.
February 16, 2026 at 3:24 PM
Renmeuro has a ring.
Reposted by EconReporter
Reposted by EconReporter
So what will we call the offshore euro system? Dollareuro, euroeuro, continental, xenoeuro, exoeuro?
This facility now looks akin to the Federal Reserve's Foreign and International Monetary Authority (FIMA) repo facility, which was established in 2022 and allows foreign central banks to raise dollar liquidity by repo-ing and not selling US Treasuries.
EUREP expansion and the euro – going global
The ECB's expansion of its EUREP repo facility is an important step on the path to a global euro
think.ing.com
February 16, 2026 at 3:18 PM
So what will we call the offshore euro system? Dollareuro, euroeuro, continental, xenoeuro, exoeuro?
"As opposed to actually shrinking the balance sheet, we believe a more likely outcome is a more market-neutral balance sheet, where the Fed shortens the maturity of its portfolio, by reinvesting maturing Treasuries into more short-dated government debt,"
www.abnamro.com/research/en/...
www.abnamro.com/research/en/...
February 16, 2026 at 3:12 PM
"As opposed to actually shrinking the balance sheet, we believe a more likely outcome is a more market-neutral balance sheet, where the Fed shortens the maturity of its portfolio, by reinvesting maturing Treasuries into more short-dated government debt,"
www.abnamro.com/research/en/...
www.abnamro.com/research/en/...
Reposted by EconReporter
Carney will likely be in India on March 1-2, says Fedeli, who is the minister of economic development, job creation and trade for Canada's Ontario province.
why a Doug Ford minister saying this kind of things?
why a Doug Ford minister saying this kind of things?
Canada's Carney to visit India in early March, Ontario minister says reut.rs/3OjABDp
Canada's Carney to visit India in early March, Ontario minister says
Canadian Prime Minister Mark Carney will visit New Delhi in early March to work with Prime Minister Narendra Modi on the framework for a comprehensive economic partnership agreement, Canadian official Victor Fedeli said on Monday.
reut.rs
February 16, 2026 at 3:02 PM
Carney will likely be in India on March 1-2, says Fedeli, who is the minister of economic development, job creation and trade for Canada's Ontario province.
why a Doug Ford minister saying this kind of things?
why a Doug Ford minister saying this kind of things?
Reposted by EconReporter
Roberto De Zerbi is gone, but the drama continues at #OM
Another 2-0 lead thrown away (with a 96th min equaliser). Protests during the game. And now Mehdi Benatia has departed too
My piece on De Zerbi’s 18 months at a club lurching toward yet another crisis
www.nytimes.com/athletic/704...
Another 2-0 lead thrown away (with a 96th min equaliser). Protests during the game. And now Mehdi Benatia has departed too
My piece on De Zerbi’s 18 months at a club lurching toward yet another crisis
www.nytimes.com/athletic/704...
Inside Roberto De Zerbi’s wild ride at Marseille – TV bust-ups, European highs and a 2.35am exit
The Italian's tumultuous reign contained big highs and crushing lows before ending on a sour note this week
www.nytimes.com
February 16, 2026 at 2:43 PM
Roberto De Zerbi is gone, but the drama continues at #OM
Another 2-0 lead thrown away (with a 96th min equaliser). Protests during the game. And now Mehdi Benatia has departed too
My piece on De Zerbi’s 18 months at a club lurching toward yet another crisis
www.nytimes.com/athletic/704...
Another 2-0 lead thrown away (with a 96th min equaliser). Protests during the game. And now Mehdi Benatia has departed too
My piece on De Zerbi’s 18 months at a club lurching toward yet another crisis
www.nytimes.com/athletic/704...
Reposted by EconReporter
Apple special event announced for March 4
Apple special event announced for March 4
Apple has announced a special event for next month, inviting members of the press on March 4, 2026 at 9 a.m. ET. Apple is branding this as a “special Apple Experience” rather than your typical Apple event.
more…
9to5mac.com
February 16, 2026 at 2:57 PM
Apple special event announced for March 4
Reposted by EconReporter
"... international comfort in holding the euro in FX reserves should – ... given that 40% of int. debt securities are already denominated in euros – support greater use of the euro in trade invoicing and reinforce our view of a gradual transition from a unipolar dollar world to a multipolar ..."
February 16, 2026 at 2:43 PM
"... international comfort in holding the euro in FX reserves should – ... given that 40% of int. debt securities are already denominated in euros – support greater use of the euro in trade invoicing and reinforce our view of a gradual transition from a unipolar dollar world to a multipolar ..."
Does the FIMA setup, which means NY Fed has a good knowledge of what the assets are and where are they, makes a different is an interesting question
This facility now looks akin to the Federal Reserve's Foreign and International Monetary Authority (FIMA) repo facility, which was established in 2022 and allows foreign central banks to raise dollar liquidity by repo-ing and not selling US Treasuries.
EUREP expansion and the euro – going global
The ECB's expansion of its EUREP repo facility is an important step on the path to a global euro
think.ing.com
February 16, 2026 at 2:35 PM
Does the FIMA setup, which means NY Fed has a good knowledge of what the assets are and where are they, makes a different is an interesting question
This facility now looks akin to the Federal Reserve's Foreign and International Monetary Authority (FIMA) repo facility, which was established in 2022 and allows foreign central banks to raise dollar liquidity by repo-ing and not selling US Treasuries.
EUREP expansion and the euro – going global
The ECB's expansion of its EUREP repo facility is an important step on the path to a global euro
think.ing.com
February 16, 2026 at 2:34 PM
This facility now looks akin to the Federal Reserve's Foreign and International Monetary Authority (FIMA) repo facility, which was established in 2022 and allows foreign central banks to raise dollar liquidity by repo-ing and not selling US Treasuries.
Friend of Wall Street who hid under Bernanke's theory of financial accelerator
Also, markets trying to parse Warsh’s views on the balance sheet should pay attention to diffidence between QE1 (necessary) and QE2+ (unnecessary). I would be shocked in a crisis if Warsh didn’t bailout Wall Street. None of this is about the balance sheet.
February 16, 2026 at 2:33 PM
Friend of Wall Street who hid under Bernanke's theory of financial accelerator
Reposted by EconReporter
Also, markets trying to parse Warsh’s views on the balance sheet should pay attention to diffidence between QE1 (necessary) and QE2+ (unnecessary). I would be shocked in a crisis if Warsh didn’t bailout Wall Street. None of this is about the balance sheet.
February 16, 2026 at 2:30 PM
Also, markets trying to parse Warsh’s views on the balance sheet should pay attention to diffidence between QE1 (necessary) and QE2+ (unnecessary). I would be shocked in a crisis if Warsh didn’t bailout Wall Street. None of this is about the balance sheet.
Reposted by EconReporter
Good piece. Warsh would be a fundamental break from the Bernanke-Yellen-Powell Feds if he carried out his views. Do I think he’s capable of pulling that off? Not really. Do I think he might try and do some harm? Yes.
For more than a decade, Kevin Warsh has advocated reining in the Fed’s pivotal role in the nation’s financial markets.
Now, he may finally get the chance to do it. And Wall Street is obsessed with finding out what comes next.
w/ @samjsutton.bsky.social
www.politico.com/news/2026/02...
Now, he may finally get the chance to do it. And Wall Street is obsessed with finding out what comes next.
w/ @samjsutton.bsky.social
www.politico.com/news/2026/02...
Trump wants the Fed to cut rates. Kevin Warsh has bigger plans.
Any turbulence that pushes up longer-term rates would clash with the president’s goal of cutting borrowing costs for the government and lowering mortgage rates.
www.politico.com
February 16, 2026 at 2:26 PM
Good piece. Warsh would be a fundamental break from the Bernanke-Yellen-Powell Feds if he carried out his views. Do I think he’s capable of pulling that off? Not really. Do I think he might try and do some harm? Yes.
Reposted by EconReporter
Dollar pessimism pervades
www.ft.com/content/18a8...
www.ft.com/content/18a8...
Fund managers take most bearish stance on dollar for a decade
Bets against currency have outweighed positive wagers so far this year
www.ft.com
February 16, 2026 at 2:18 PM
Dollar pessimism pervades
www.ft.com/content/18a8...
www.ft.com/content/18a8...
Reposted by EconReporter
If you enjoyed the first episode of our new Ring for Analysis format, the plan is to record another episode this week using the Roberto De Zerbi BTS piece following his departure from Marseille. It'll be a banger!
We experimented with a new format for this episode with Joe reading through The Athletic's long read on the Thomas Frank era at Spurs with me ringing in to offer footnotes. Let us know what you think.
open.spotify.com/episode/5a5k...
open.spotify.com/episode/5a5k...
Spotify – Web Player
open.spotify.com
February 16, 2026 at 11:04 AM
If you enjoyed the first episode of our new Ring for Analysis format, the plan is to record another episode this week using the Roberto De Zerbi BTS piece following his departure from Marseille. It'll be a banger!
"Prices rise in the full sample but fall post-World War II, a pattern consistent with changes in the monetary policy response and with stronger international retaliation and reciprocity in the modern trade regime." 👀
www.nber.org/papers/w34852
www.nber.org/papers/w34852
February 16, 2026 at 2:05 PM
"Prices rise in the full sample but fall post-World War II, a pattern consistent with changes in the monetary policy response and with stronger international retaliation and reciprocity in the modern trade regime." 👀
www.nber.org/papers/w34852
www.nber.org/papers/w34852
Reposted by EconReporter
Excellent, hope it makes its way across the pond to Canada’s policymakers as well
Great piece from @dsquareddigest.bsky.social, which touches on one of the big theories for why English-speaking countries do especially badly at housebuilding:
Adversarial and litigious common law systems (Anglo) vs judge-led civil law systems elsewhere.
samf.substack.com/p/build-the-...
Adversarial and litigious common law systems (Anglo) vs judge-led civil law systems elsewhere.
samf.substack.com/p/build-the-...
February 16, 2026 at 1:49 PM
Excellent, hope it makes its way across the pond to Canada’s policymakers as well
Reposted by EconReporter
Column I wrote in today’s @financialtimes.com - why your time shouldn’t become a public good once you’ve left the corporate world
Being retired shouldn’t mean working for free ft.trib.al/WBWj0ZD | opinion
Being retired shouldn’t mean working for free
‘Quick asks’ from former colleagues and friends must respect professional boundaries
ft.trib.al
February 16, 2026 at 1:33 PM
Column I wrote in today’s @financialtimes.com - why your time shouldn’t become a public good once you’ve left the corporate world
Reposted by EconReporter
“Since I started to play football, I did everything to stop goals. Now, people know me because I scored a goal.”
An interview with Anatoliy Trubin, the keeper who scored in the 98th minute to put Benfica through to the Champions League playoffs
www.nytimes.com/athletic/703...
An interview with Anatoliy Trubin, the keeper who scored in the 98th minute to put Benfica through to the Champions League playoffs
www.nytimes.com/athletic/703...
Anatoliy Trubin, Benfica’s goalkeeper who scored against Madrid: ‘It was like I was a striker. It was crazy’
His 98th-minute goal sent his team into the Champions League playoffs - he discusses that moment and his hopes for his homeland Ukraine
www.nytimes.com
February 16, 2026 at 9:07 AM
“Since I started to play football, I did everything to stop goals. Now, people know me because I scored a goal.”
An interview with Anatoliy Trubin, the keeper who scored in the 98th minute to put Benfica through to the Champions League playoffs
www.nytimes.com/athletic/703...
An interview with Anatoliy Trubin, the keeper who scored in the 98th minute to put Benfica through to the Champions League playoffs
www.nytimes.com/athletic/703...
Reposted by EconReporter
@financialtimes.com signs AI deal with Google: talkingbiznews.com/media-news/f...
FT signs AI deal with Google - Talking Biz News
The Financial Times is the latest publisher to join Google’s latest group of AI deals which are believed to involve cash payments to publishers, reports Charlotte Tobitt of Press Gazette. Tobitt repor...
talkingbiznews.com
February 16, 2026 at 1:41 PM
@financialtimes.com signs AI deal with Google: talkingbiznews.com/media-news/f...
Reposted by EconReporter
Canadian housing starts drop 15% in January reut.rs/4rVE3m5
Canadian housing starts drop 15% in January
Canadian housing starts fell more than expected in January, dropping 15% from the previous month, data from the national housing agency showed on Monday.
reut.rs
February 16, 2026 at 1:45 PM
Canadian housing starts drop 15% in January reut.rs/4rVE3m5