Profile avatar
winmonroe.bsky.social
PhD candidate in Finance at Imperial College Business School ‖ Banking, Monetary Policy, Crises, Funding Markets ‖ via Federal Reserve, IMF, BoE ‖ UPF-BSE, Johns Hopkins, Georgetown ‖ www.winmonroe.com
364 posts 1,533 followers 1,390 following
Prolific Poster
Conversation Starter

I refuse to believe this

People laughed a few days ago when @jamellebouie.net said we might not have flu shots next year, but:

Would really be better if this article clearly stated that the Fed already is audited www.ft.com/content/28d0...

Would really be better if this article clearly stated that the Fed already is audited www.ft.com/content/28d0...

One thing I cannot help but notice in all these pieces on the politics and economics of restaurants is the emphasis on space, land, and rent. @timhayward.bsky.social argues the heyday of eating out is coming to an end as rents and wages continue to increase. 1/n

www.bloomberg.com/news/article...

When economics and poetry meet

If only we had a word for a shape with three sides.

Nice new paper from Rich Clarida and Kate Judge: "Emergency Lending by the Federal Reserve"

An AI produced macro podcast has made a short and easy episode about my research: robomacro.com

Olaf Scholz mocked British railways over “broken tracks and bad trains”, claiming that "nothing works any more” in the UK. Turns out: Germany rail problems have become so bad that Deutsche Bahn long-distance service is less punctual than even the worst operator in Britain. www.ft.com/content/d3b6...

The only good thing happening.

tesla owners having a good time of it at the moment

It's time to start a thread on higher ed budget cuts announced due to actual and potential cuts to federal funding. Northwestern is placing additional scrutiny on all spending and trying to cut non-personnel spending by 10% this year.

UChicago econ PhD students practice for department seminar:

Really hoping this turns out better than Goodreads www.theguardian.com/books/2025/f...

Yesterday ~68 people employed in HHS's Administration for Children & Families early childhood offices were terminated. I'm told Office of Head Start lost ~20% of staff; Office of Child Care lost ~25% These workers process grants for preschools/childcare centers, monitor health/safety issues, etc.

There you have it. The Economic Policy Uncertainty Index (www.policyuncertainty.com) just hit an all-time high, surpassing its previous high from May 2020 - the teeth of the #COVID pandemic. Consequences: worse investment climate, higher risk premia, (likely) higher interest rates...

I find myself revisiting/reading books on the theory of money. Ingham’s “nature of money” (ranks high for me despite embrace of chartalism) Hick’s “market theory of money” Desan’s “making money” Keynes’ “Treatise” Neilson’s “Minsky” Schumpeter’s “History” Hawtrey’s “Currency & credit” 1/2

I am glad to see that this (30 year old line of research for some of us) is getting the necessary attention. For a summary of the extensive literature see www.aeaweb.org/articles?id=...

Listening to the audiobook for Crashed while cooking and I swear every other sentence is "sarkozy was incandescent!"

Recently, there’s been growing concern about low or zero haircuts in repo markets. In a new note, we argue that safety and liquidity can both be enhanced by setting repo margins that are 𝘱𝘳𝘰𝘱𝘰𝘳𝘵𝘪𝘰𝘯𝘢𝘵𝘦 to each counterparty’s actual risk. www.federalreserve.gov/econres/note... Thread below:

The Economics of Belonging by Martin Sandbu

Had to make sure this was real. It is. * U.S. TREASURY'S BESSENT: OUR STRONG DOLLAR POLICY DOESN'T MEAN OTHER COUNTRIES GET TO HAVE A WEAK CURRENCY POLICY -FBN @reuters.com

the Champions League this season, #ManCity have thrown away a 3-0 goal lead to draw against Feyenoord, a 2-0 lead against PSG to lose 4-2 and conceded in the 86th and 92nd minute against Real Madrid to lose 2-3.

The Economics of Belonging by Martin Sandbu

Having your econ team promote “lower aggregate demand” is definitely a choice. @cnbc.com

😑😑😑

Hello new followers! Welcome! I have a food history podcast and I love food, politics, music, nature! If you listen, give it a rate and review on apple pods to get it to more ppls feeds please! Much love, podcasts.apple.com/gb/podcast/t...

Finally made it to Goodbye Horses last night and it was probably the best meal I've had in London in a while. Strong recommendation.

Strange literary coincidence: two very different things I am reading right now have both made references to the mathematician Charles Howard Hinton (the novel Solenoid and the graphic novel From Hell)

Total nonfarm payroll employment rose by 143,000 in January, and the unemployment rate edged down to 4.0% Revisions added net 100,000 jobs in November and December

And there is very definite resentment about Wrexham within EFL “a fetishisation of working-class culture, our league’s culture” “an element of ‘wow, look how happy these people are that a billionaire is having a beer in the same pub’.” www.independent.co.uk/sport/footba...

BoE published this today on CB staffing levels 🤔

🚨 #EconSky PhD students working in Applied Micro: Submit your paper for the 4th Workshop, co-organized by @cmichaudleclerc.bsky.social, Priya Mukherjee, and me! Plus, we have two amazing keynotes this year: @econsandy.bsky.social and Rema Hanna.

Fed pulls back on diversity, climate in response to Trump. “They’ll give up almost everything to try to maintain independent monetary policy and not have to raise and lower interest rates to suit the president,” says Glenn Rudebusch, former top SF Fed economist. www.nytimes.com/2025/02/07/b...