Joe Brusuelas

Fresh from the BLS website…I trust they will have this fixed momentarily

US July PPI Comes in Hot: the primary takeaway is that US corporate margins are going to thin which creates the conditions for inflation to be passed along downstream to American households.

US Q2'25 GDP: The economy is growing at a much slower pace than the 3% topline growth rate implies. Trade related distortions in net exports wreaked havoc with 2025 growth data once again as Q2’25 growth increased 3%, overstating the true underlying pace of economic activity. #Econ #EconSky

Good morning. My thoughts on the end of quantitative tightening to address liquidity strains across financial markets. #Econ #EconSky Source: The Real Economy Blog realeconomy.rsmus.com/market-minut...

Dualling Mandates at the FOMC: As one could observe inside the September FOMC dot plot and summary of economic projections the committee is split around which portion of the dual mandate should receive policy preference: maximum sustainable employment or price stability? #econ #econsky

The FOMC reduced its federal funds policy rate by twenty-five basis points to a range between 3.75% and 4% while simultaneously announcing an end to its runoff of its $6.58 trillion balance sheet by December 1, 2025, and cutting the interest rate paid on excess reserves from 4.15% to 3.9%. #econ

My preview of today’s FOMC policy decision where I expect a 25 basis point rate cut to the federal funds policy rate, an end to the Fed’s quantitative tightening program & a cut in interest paid on reserve balances from 4.15% to 3.90%. #Econ #EconSky realeconomy.rsmus.com/market-minut...

Good morning. My look at slowing American wage growth. #Econ #Econsky Source: The Real Economy Blog realeconomy.rsmus.com/market-minut...

Good morning. Falling bond yields amidst modest growth & economic imbalances. #Econ #EconSky Source: The Real Economy Blog realeconomy.rsmus.com/market-minut...

That was not sport. That was Aeschylus. That was Tolstoy. That was Faulkner. Dodgers triumphant. Koufax approved.

Good morning. I’m looking for a 25-basis point rate cut, and end to quantitative tightening & a lively press conference at the ⁦‪@federalreserve‬⁩ policy meeting. #Econ #EconSky Source: The Real Economy Blog realeconomy.rsmus.com/market-minut...

With inflation rising at a 3% over the past year & 3.6% annualized pace over the past three months allowing SNAP or what some call food stamps on 11/1 to end due to the government shutdown meets the definition of bad timing. #Econ #EconSky realeconomy.rsmus.com/market-minut...

My note on the U.S. September CPI: A perfect K-shaped economic report. #Econ #EconSky realeconomy.rsmus.com/u-s-septembe...