Menzie Chinn

Menzie Chinn

@mchinn.bsky.social

Professor of Public Affairs and Economics, University of Wisconsin, and Blogger at Econbrowser. All views are my own.

5.9K followers745 following1.7K posts

Menzie Chinn reposted

Brad DeLong
@braddelong.bsky.social

Whatever number of rate hikes you wanted this year before this morning, you should now want one more. The Fed had made an 0.3% core CPI report its trigger for a rate hike in September. Now we see another such. Skipping an October hike would now be a very political choice: **An Inflation... 1/

braddelong.substack.comAn Inflation Report That Is Disappointingly High: CHART OF THE DAYThe Fed’s odds of threading the needle and getting inflation back down to target while avoiding a recession get much lower; & Fed Chair Warsh’s oaths of fealty to Trump are not helpful at all...

Menzie Chinn reposted

The Washington Post
@washingtonpost.com

Nearly 170,000 pounds of meat products are being recalled because they were falsely labeled as having gone through federal inspection. The affected products were produced before Sept. 22 and may have false USDA inspection labels that say “EST. 1363.”

washingtonpost.comNearly 170,000 pounds of raw meat recalled for false inspection labelsThe affected products were produced before Sept. 22 and may have false USDA inspection labels that say “EST. 1363.”

Menzie Chinn reposted

Ryan Cummings
@weakinstrument.bsky.social

Replying to @weakinstrument.bsky.social

2/n: Banning diesel exports would *temporarily* provide some price relief for most of the country, but not for New England. Because pipelines don't run that far north, PADD 1A has to import large amounts of diesel, which means it's competing with a (structurally short diesel) Europe for barrels

Menzie Chinn reposted

jakemadtown.bsky.social
@jakemadtown.bsky.social

Replying to @mchinn.bsky.social

Hey, I was just looking at those numbers too! I think EJ is mixing up some cause and effect. The real reason is inflated margins, and a nice side order of writeoffs from Tax Scam 2.0. It ain't from more business. jakehasablog.blogspot.com/2026/09/more...

jakehasablog.blogspot.comMore reasons behind the profit boom of 2026We know that as prices went up after war broke out in Iran last February, so did profits and we recently got more evidence of that with ...