Pedro da Costa
@pdacosta
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Fed reporter. Head of Policy for the Americas at @MNIMarketNews. Ex-Reuters, WSJ, Peterson Institute. Host of FedSpeak podcast. Opinions my own.
Washington, DC
Joined August 2009
"It's kind of a mystery to me why people now are still talking about all these interest rate cuts from the Fed when the evidence is very clear that inflation is rising."
mnimarkets.com
Former St. Louis Fed economist William Emmons speaks about the Fed's next moves and inflation.
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MNI EXCLUSIVE: Warsh Wants Fed Out Of Treasury's Business
mnimarkets.com
MNI speaks to Kevin Warsh, the former Fed board governor in the running to replace Jerome Powell as chair.
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"A polity that allows suspicion of central institutions to metastasize will find itself improvising fiscal fixes, turning to partisan emergency measures, or, in the worst case, ceding more power to private financiers who may not have the republic’s long-term interest at heart." -
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Nascent Signs Reserves Nearing Ample - NY Fed's Remache
mnimarkets.com
U.S. bank reserves show signs of beginning to reach the "ample" level at which the FOMC has said it would consider halting QT, Julie Remache, deputy manager of the System Open Market Account at the...
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Erosion of Fed independence—such as Trump succeeding in pressing the Fed to lower rates further than it would otherwise—would slow US economic growth through most of the next decade, & boost inflation through 2040. #PIIECharts
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NOW: Tom Barkin, @RichmondFed president & CEO, shares his perspective on where the US economy stands today & where it may be headed, considering both sides of the Fed's dual mandate. Watch live:
piie.com
Tom Barkin, president and CEO of the Federal Reserve Bank of Richmond, shares his perspective on where the US economy stands today and where it may be headed, considering both sides of the Fed's dual...
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"Beyond a critical tariff rate – roughly 26% in our calibration – the euro inherits the anchor status along with its benefits."
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MNI INTERVIEW: Fed Right To Remain Cautious On Rate Cuts - Ex-Vice Chair Kohn
mnimarkets.com
MNI interviews former Fed Vice Chair Don Kohn.
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BOC's Macklem: "President Trump’s attempts to influence the Federal Reserve are raising questions about the continued independence of US monetary policy."
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Fed Chair Powell Says Policy Not On Preset Course
mnimarkets.com
The Federal Reserve's monetary policy is not on a preset course and officials will continue to determine the appropriate stance based on the incoming data, the evolving outlook, and the balance of...
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Fed's Bowman Says Bigger, Faster Rate Cuts May Be Needed
mnimarkets.com
The Federal Reserve must act "decisively and proactively" to address increasingly fragile labor market conditions, Governor Miki Bowman said Tuesday, warning that bigger and faster rate cuts may be...
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Musalem: "I think it's very important to only use QE to support the dual mandate and to not be perceived as direct or indirectly, be helping with debt management responsibilities."
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Fed's Musalem Sees Limited Room For More Rate Cuts
mnimarkets.com
St. Louis Fed President Alberto Musalem said non-tariff inflation is likely contributing to elevated price pressures.
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ECB VP Luis de Guindos discusses ECB's inflation target and undershoot risks at MNI Livestreamed Connect .... #MNIconnect #webcast #ecb #economy #macroeconomics #globalmacro
@ecb
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On September 16, the #GDPNow model nowcast of real GDP growth in Q3 2025 is 3.4%: https://t.co/T7FoDdgYos.
#ATLFedResearch Download our EconomyNow app or go to our website for the latest GDPNow nowcast: https://t.co/NOSwMl7Jms.
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Beijing Targets Trump Visit, Sees Limited Deal - Advisors
mnimarkets.com
Chinese policy advisors speak about their expectations for trade talks with the U.S.
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