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ht Paul CL Emberton for flagging this absolute must-read paper by Ufuk Akçiğit, Sina T. Ates and Giammario Impullitti. Unlike Miran and Pettis, these are the real economists who should be writing op-eds at the FT, WSJ, and NYTimes. It’s quite technical. Gonna simplify 4u. 1/🧵

What should the Fed do with Trump Tariffs? New paper on 'Monetary Policy in Times of Tariffs' with Guido Lorenzoni & Veronica Guerrieri (link at end) We show the simplest most intuitive way to approach tariffs is actually correct: Tariffs = textbook cost-push shock 🧵1/N

I stand with Harvard. More than Harvard, more than universities, more than science lie in the balance. This is an abuse of power the kind the US so uniquely avoided for so long.

Super excited to be presenting at the Women in macro conference at NYU today and tomorrow wp.nyu.edu/cvstarreconomi… A terrific program, thanks to the amazing organizers afogli001 Veronica Guerrieri Marina Azzimonti, Elisa Rubbo & Noémie Pinardon-Touari

Olivier Blanchard and Angel Ubide write now is the time to build a European financial ecosystem that can compete with the US, but at its base needs a deep and liquid Eurobond market. Read more: bit.ly/3Fi1GTn

DEADLINE 5/31: Call for Papers: 2025 Macroeconomic Policy Perspectives Conference: The Macroeconomic Causes and Consequences of Inflation, hosted by BFI & JPE Macro, will be held October 16-17, 2025 in Chicago, Illinois. More info and submission link here: ow.ly/OGIo50UVh9m

The time to create a Eurobond market is now, Olivier Blanchard and Angel Ubide write. Given geopolitical changes, world investors want an alternative to US Treasuries. Europe can deliver such an alternative and benefit from it. We propose a pathway: bit.ly/3Fi1GTn

🚨New paper with @veroguerrieri & Guido Lorenzoni Can lack of coordination across central banks lead to higher inflation? Yes, we show. Especially in response to global supply shocks. 1/n🧵