Neil Irwin @Neil_Irwin
Chief Economic Correspondent at Axios and author of Axios Macro newsletter. Author of "The Alchemists" and "How to Win"; Formerly: NYT, WashPost. neilirwin.com Washington, DC Joined June 2010-
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It's odd, the ISM-manufacturing numbers were decent for August (nice tick up in headline index, new orders surged to positive territory for first time in six months). But the anecdotal color is brutal:
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Waller throwing some heaters here. federalreserve.gov/newsevents/spe…
My takeaway from this year's Jackson Hole symposium: There was a mix of melancholy and gallows humor over the threats to central bank independence, data collection, and technocratic excellence. The wonks are in the wilderness. axios.com/2025/08/25/fed…
Update: Medium black coffee at the Jackson Lake Lodge (with tax but not tip) hit $6.42 this year, a 5.2% year-on-year rise. On the surface, a re-acceleration of inflation.' BUT! This year the barista said that there are free refills, which amounts to a hedonic improvement. So…
Update: Medium black coffee at the Jackson Lake Lodge (with tax but not tip) hit $6.42 this year, a 5.2% year-on-year rise. On the surface, a re-acceleration of inflation.' BUT! This year the barista said that there are free refills, which amounts to a hedonic improvement. So… https://t.co/ZCEgQRo2l6
For a sense of where things stand, I now receive e-mails with subject lines such as this: "How to play steady deterioration in Fed's institutional integrity? Macquarie strategist weighs in"
"That's me. I'm 72 years old, have about $50 million, a couple of grandkids, and the respect of my peers. I'm wearing a suit and tie and helmet on a 95° day with a guy who uses the most powerful perch on the planet to insult me all day. Life is a series of choices, huh?"
Fun fact: 20+ years ago, before I was a Fed reporter, I covered DC economic development and real estate for the Washington Post. I never envisioned knowledge acquired about the National Capital Planning Commission then would prove useful in my econ reporter life.
Powell has asked the new Fed inspector general to review its building project's costs and other matters the IG deems appropriate, I've learned, as Trump tries to weaponize the National Capital Planning Commission against the Fed chair. axios.com/2025/07/14/tru…
Wait but what if I was just asking extremely incisive questions?
Wait but what if I was just asking extremely incisive questions?
"A country can attempt to go full autarky, or it can create competitive export firms that are high up the value chain and deeply integrated into global supply networks wherever necessary or advantageous. A country cannot do both." 🔥 from @LettieriDC agglomerations.substack.com/p/tired-of-win…
Neil Irwin retweeted
Great to read this piece by @Neil_Irwin on risks to safe harbor premium. Relates to @The_Budget_Lab work from last year (!) here, so a good time to re-up: budgetlab.yale.edu/news/240502/po…
Well, it's been a long day, time to check in to see how the ole' portfolio did…
Inbox: Biden economic adviser Daleep Singh returns to PGIM Fixed Income as chief global economist. pgim.com/press-release/…
Joe Weisenthal @TheStalwart
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30K Followers 5K Following Executive Director - @employamerica https://t.co/tKsuuvVYoc @skandaamarnath on other sites. RTs/likes != endorsements. Charitable interpretation advised
Tracy Alloway @tracyalloway
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