Preston Mui

Biege book is out

"labor cost pressures intensified in recent weeks due to outsized increases in employer-sponsored health insurance expenses."

"Tariff-induced input cost increases were reported across many Districts, but the extent of those higher costs passing through to final prices varied. "

Which one, Greyhound or the captain Phillips movie

September CPI will be released in two weeks on Friday, Oct 24, 2025 at 8:30 AM ET to accommodate the SSA COLA adjustments despite the government shutdown.

Jobs report won't be released though

www.bls.gov/bls/092025-c...

The Indeed Wage Tracker growth rate has fallen a full percentage point year-to-date. Hard to see signs of re-acceleration here.

(ORDER LIST: 606 U.S.) WEDNESDAY, OCTOBER 1, 2025 ORDER IN PENDING CASE 25A312 TRUMP, PRESIDENT OF U.S., ET AL. V. COOK, LISA D. The application for stay presented to The Chief Justice and by him referred to the Court is deferred pending oral argument in January 2026. The Clerk is directed to establish a briefing schedule for amici curiae and any supplemental briefs responding to amici.

NEW: The Supreme Court *refuses* to let Trump fire the Fed's Lisa Cook—for now. Instead, the court agrees to hear the case in January. Cook may continue to serve in the meantime.

Exclusive: Fed's Collins cautions against aggressive rate cuts given inflation issues Federal Reserve Bank of Boston President Susan Collins said on Tuesday that her outlook for monetary policy is consistent with the gradual path of easing shown in the latest central bank forecasts, in comments that framed aggressive rate cuts as risky.

Spoke with Boston Fed chief Collins after her NYC speech and she cautioned against aggressive rate cuts: Cutting rates “too quickly and certainly announcing, oh yeah, we're just going to…keep going until we get to neutral, that seems to me to be a scenario where the risks to inflation go up."

The Department of Labor has released its plan in the event of a government shutdown.
Key takeaway for econ data: There will NOT be a jobs report on Friday (or any subsequent data releases) if funding isn't restored in time. #NumbersDay #EconSky
www.dol.gov/sites/dolgov...

Someone asked me about Abundance by Ezra Klein and Derek Thompson on this trip

Didn't have service for most of this, just catching up on news right now (I trust all is well?)

My (approximate) route ridewithgps.com/routes/51861...

Highly recommend as it stitches together the best of three of Oregon's bikepacking routes

Just wrapped up 500ish miles of the Oregon backcountry

New frontiers in fiscal stimulus

it's like the Entertainment coupon book

new horizons in big fiscal

why are they running, i woulda taken the donut

off season is here... we're so back

Trump Fed choice won’t pledge to resign if term extends past January Stephen Miran declined to commit to stepping down as a top White House economic adviser if his appointment to the Federal Reserve extends beyond January.

@amackerdc.bsky.social reporting that Miran won't commit to stepping down after his "temporary" appointment to finish out Kugler's term: www.washingtonpost.com/business/202...

Treasury Default, A Weak Dollar Policy, and Mass Fed Firings? What The Miran Hearing Missed The confirmation hearing for Miran aired some key issues, but hardly all of them, and not the most important ones. It would be unwise to make an exception for seemingly “short-term” appointments; shor...

@skandaamarnath.bsky.social and I have a piece out about Stephen Miran, who is being considered for the Fed Board, and some of his concerning views around debt default, dollar policy, and fed independence.

Some was covered at the hearing, but there's more...

www.employamerica.org/monetary-pol...

o7 to the real deep state

YouTube video by Gianni Matragrano "You didn't need to post that."

www.youtube.com/watch?v=o048...

hey it's me

you know matt, you're missing a cover image on your profile.

TYFYATTM

www.raincityfit.com#home

how to square this with employment-population ratio looking pretty bad for women vs. men in the CPS?

bsky.app/profile/jose...

Perhaps some evidence of the immigration effect on payrolls: sectors with high rates of undocumented workers starting to see payroll declines vs. all employees. didn't see this when i first did it a few months ago

(sectoral data comes out with a month lag, so just through july)

seasonal adjustment does funny things