Global Central Bank Update: -New Zealand cut rates for the 6th time in the last year, 25 bps move down to 3.25%. bilello.blog/newsletter

As my scheduled time as a Special Government Employee comes to an end, I would like to thank President Donald J. Trump for the opportunity to reduce wasteful spending. The Department of Government Efficiency mission will only strengthen over time as it becomes a way of life throughout the government.

Interesante presentación de Vladimir Werning sobre la política monetaria del BCRA. bcra.gob.ar/Pdfs/noticias/…

🚨The $7.5 TRILLION Problem No One Is Talking About Asian countries are quietly reversing 30 years of investment in U.S. assets. What happens when the world’s biggest buyers of U.S. debt and stocks start pulling out? ( a thread)

BREAKING: Oil prices fall on reports that OPEC may discuss raising oil production by more than 411,000 barrels per day beginning in July. OPEC continues to raise production into a weak oil market.

Jamie Dimon is right

Miren lo que falta para llegar a la cantidad de créditos hipotecarios de los años 90. El kirchnerismo fue solamente un plan para esclavizar votantes.

*USTR EXTENDS CERTAIN EXCLUSIONS FROM CHINA SECTION 301 TARIFFS *USTR: EXCLUSIONS EXTENDED THROUGH AUGUST 31, FROM MAY 31 *USTR: EXCLUSIONS RELATED TO TECHNOLOGY, INTELLECTUAL PROPERTY

United Kingdom has passed China as the 2nd largest holder of U.S. Treasuries for the first time in 25 years 🚨🚨

This is the best news there is. And the proof, as I have been saying for three years, that #Ukraine is infinitely superior to #Russia in terms of tactical intelligence, strategic imagination, and boldness. This war is our war and #Zelensky will win it.

De la Universidad Nacional de Córdoba al PhD en Chicago. La influencia de Humberto Petrelli. La época dorada con Friedman, Harry Johnson, Lucas, Becker, Harberger. ¿Cómo eran como profesores? La amistad con Carlos Rodriguez Mario Blejer, Mario Teijeiro, Pedro Pou. Cómo conoce a

Useful piece from Mark Sobel. He is right that the US fiscal deficit now has to be central to any discussion of global imbalances 1/

Note to Trump and EU leaders: This is how you negotiate with Russia.

Stanley Fischer, a former top policymaker at the US Federal Reserve and the Bank of Israel whose thinking was highly influential among generations of economists, has died at the age of 81. Read this profile of Fischer from FT Alphaville in 2023: on.ft.com/45xOHr9

Today is a great day for #Ukraine. An unprecedented operation, akin to Israel's Beepers Operation against Hezbollah. But above all, with these 41 Russian bombers destroyed & likely irreplaceable, another step towards the victory that some of us have been announcing for two years.

🇷🇺🇺🇦UKRAINE’S DRONE SWARM HITS RUSSIA FOR $7 BILLION AND 40 PLANES Ukraine just pulled off an attack straight from a spy novel. A swarm of quadcopter drones, looking like robot bees, buzzed into Russia and took out over 40 bombers at 4 airfields. This was not a last-minute

Ukraine strikes 4 airbases deep into Russia, in a MASSIVE drone operation. Ukraine claims that 40+ strategic bombers were damaged. A MASSIVE ESCALATION. One wonders if tomorrow’s Russia–Ukraine peace talks in Istanbul will even occur. Stay tuned.

Stan Fischer was a great economist and a great person. I was very lucky to interact with him over many years, RIP

Stan Fischer has died. The legendary and influential economist, former vice-chair of the Fed, #2 at the IMF and governor of the Bank of Israel, was also personable and funny. A few passages from my obit: wsj.com/economy/centra…

The IMF Community is deeply saddened by the passing of Stan Fischer, former IMF First Deputy Managing Director. His profound impact on economic policymaking will always be remembered. Our sympathies go to his family during this difficult time. imf.org/en/News/Articl…