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Nell Henderson

@nellhenderson.bsky.social

270 followers 190 following 240 posts

Econ nerd, Fed obsessive, Dodgers fan, recovering journalist (Ex-Econ Editor WaPo, WSJ), McKinsey alum, now Peterson Institute for International Economics VP Publishing, among other things. Opinions my own etc.

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Reposted by Nell Henderson

Peterson Institute for International Economics @piie.com · 13h

🍂Fall meetings start now!🍂
Our first event is an expert panel of Martin Chorzempa, Tianlei Huang, Mary Lovely, & Yeling Tan diving deep into China's economic landscape, including the housing market & the country's economic security model.
Watch here: www.piie.com/events/2025/...

China's economic outlook: Challenges and opportunities

The Peterson Institute holds an in-depth discussion examining China’s economic landscape, including the current housing slump and its broader implications, as well as the country’s economic security g...

Nell Henderson @nellhenderson.bsky.social · 10h

The FT's Martin Wolff cites PIIE's Robert Lawrence in saying Trump's tariffs won't deliver many jobs. "Nostalgia is not a strategy." www.ft.com/content/a742...

Trump’s tariffs won’t deliver many jobs

Nostalgia is not a strategy: the past cannot return

Nell Henderson @nellhenderson.bsky.social · 1d

America's Argentina rescue won’t save the peso for long , writes PIIE’s Maurice Obstfeld www.piie.com/blogs/realti...

America's Argentina rescue won’t save the peso for long

The Argentine peso is in trouble again, but this time the US government is riding to the rescue. In late September, Treasury Secretary Scott Bessent announced several supportive measures, including po...

Nell Henderson @nellhenderson.bsky.social · 7d

The global trade war: An update from PIIE’s McKibbin and Noland www.piie.com/blogs/realti...

The global trade war: An update

Since February 2025, the United States has undertaken a rolling process of resetting tariffs, driving them up to the highest levels since the 1930s. In this blog, we project the impacts of the US tari...

Nell Henderson @nellhenderson.bsky.social · 8d

Read or watch PIIE's Michael Clemens explain how the US curb on high-skill immigrant workers ignores evidence of its likely harms www.piie.com/blogs/realti...

New US curb on high-skill immigrant workers ignores evidence of its likely harms

President Donald Trump on Friday ordered an unprecedented new restriction on lawful immigration to the US by high-skill workers. Starting Sunday, new applications for H-1B visas required payment of an...

Nell Henderson @nellhenderson.bsky.social · 8d

Revisiting this May Hufbauer analysis, as Trump revisits his idea for Movie tariffs www.piie.com/blogs/realti...

Another Trump first: Movie tariffs

Breaking fresh ground with his all-purpose tool, on May 4, 2025, President Donald Trump said he would impose 100 percent tariffs on movies made abroad, complaining that other countries steal Hollywood...

Nell Henderson @nellhenderson.bsky.social · 11d

Medical Groups Warn Against new $100k Visa Fees for Foreign Doctors that could worsen physician shortages www.nytimes.com/2025/09/26/h...

Medical Groups Warn Against Visa Fees for Foreign Doctors

www.nytimes.com

Nell Henderson @nellhenderson.bsky.social · 12d

Must See TV! PIIE's Michael Clemens on why new restrictions on high-skilled immigration (via the H-1B visa) will hurt American innovation and productivity www.piie.com/newsroom/sho...

Restricting high-skilled immigration is a blow to American innovation and productivity

Economist Michael Clemens (PIIE) explains how restricting H-1B visas for high-skilled immigration to the US will shrink access to the global talent pool that has contributed substantially to US innova...

Nell Henderson @nellhenderson.bsky.social · 14d

The erosion of Fed independence would slow US economic growth and boost inflation over time, according to PIIE's McKibbin and Noland. www.piie.com/research/pii...

Erosion of Fed independence would slow US economic growth and boost inflation over time

President Donald Trump has publicly urged the US Federal Reserve for months to significantly reduce interest rates to drive stronger economic growth and reduce federal debt service costs. Frustrated w...

Nell Henderson @nellhenderson.bsky.social · 14d

The latest must-read from PIIE's Clausing and Obstfeld: Tariffs as Fiscal Policy www.piie.com/publications...

Tariffs as Fiscal Policy

The year 2025 brought a remarkable shift in the role of tariffs in the US economy, as the Trump administration simultaneously escalated the use of broad tariffs and ensured that Congress enacted large...

Nell Henderson @nellhenderson.bsky.social · 16d

Argentina is in crisis. A US rescue may invite new problems, writes PIIE’s Monica de Bolle www.piie.com/blogs/realti...

Argentina is in crisis. A US rescue may invite new problems.

Despite the economic "shock therapy" imposed by libertarian President Javier Milei, Argentina is once again in crisis. The stock market is plummeting, dollars are fleeing, and the government is interv...

Nell Henderson @nellhenderson.bsky.social · 16d

New US curb on high-skill immigrant workers ignores evidence of its likely harms, writes PIIE’s Michael Clemens www.piie.com/blogs/realti...

New US curb on high-skill immigrant workers ignores evidence of its likely harms

President Donald Trump on Friday ordered an unprecedented new restriction on lawful immigration to the US by high-skill workers. Starting Sunday, new applications for H-1B visas required payment of an...

Nell Henderson @nellhenderson.bsky.social · 19d

‘No One Should Be Very Confident’: Four Economists (including PIIE’s Jason Furman) Dissect Trump and the Economy www.nytimes.com/2025/09/18/o...

Opinion | ‘No One Should Be Very Confident’: Four Economists Dissect Trump and the Economy

www.nytimes.com

Reposted by Nell Henderson

Peterson Institute for International Economics @piie.com · 22d

NEW: Data suggest US businesses have absorbed most of the tariff costs through July 2025, not foreign sellers.
There is very little support for Trump’s thesis that foreign sellers are absorbing tariffs by lowering their prices on US imports.
More:

Who is paying for Trump's tariffs? So far, it's US businesses.

President Donald Trump promised during his recent campaign to impose steep tariffs on other countries, assuring voters that the cost would be paid by foreign sellers, not Americans. In September 2024,...

Reposted by Nell Henderson

John Cassidy @johncassidysays.bsky.social · 22d

ICYMI: Great reporting from the Times, following Deep Throat's advice: Follow the money.

www.nytimes.com/2025/09/15/u...

Anatomy of Two Giant Deals: The U.A.E. Got Chips. The Trump Team Got Crypto Riches.

www.nytimes.com

Nell Henderson @nellhenderson.bsky.social · 26d

Slowing immigration has halted job growth in some industries www.piie.com/research/pii...

Slowing immigration has halted job growth in some industries

The monthly jobs report shows how immigration policy is changing the US labor market. Stricter border enforcement starting mid-2024, followed by increased deportations and other changes to immigration...

Nell Henderson @nellhenderson.bsky.social · 29d

PIIE's Jed Kolko shows how slowing immigration has halted job growth in some US industries www.piie.com/research/pii...

Slowing immigration has halted job growth in some industries

The monthly jobs report shows how immigration policy is changing the US labor market. Stricter border enforcement starting mid-2024, followed by increased deportations and other changes to immigration...

Nell Henderson @nellhenderson.bsky.social · Sep 6

PIIE’s Jason Furman on why This Economy Might Be a ‘New Normal’ www.nytimes.com/2025/09/05/o...

Opinion | This Economy Might Be a ‘New Normal’

www.nytimes.com

Nell Henderson @nellhenderson.bsky.social · Aug 30

Lisa Cook “has been thrust into a role she did not seek…in a larger-than-life struggle to defend an institution that has helped foster the economic and financial success of the U.S. over the post-World War II period,” said PIIE’sDavid Wilcox www.nytimes.com/2025/08/29/u...

How the Future of the Fed Came to Rest on Lisa Cook

www.nytimes.com

Nell Henderson @nellhenderson.bsky.social · Aug 29

Former Fed Vice Chair Roger Ferguson writes: Trump’s push to oust a Fed governor risks undermining a cornerstone of U.S. economic stability.

lnkd.in/e3fKH2Zw

The Fed Is in Uncharted Waters Ahead of Key September Rate Decision

President Trump’s push to oust a Federal Reserve governor risks undermining a cornerstone of U.S. economic stability ahead of a critical interest rate decision in September.

Nell Henderson @nellhenderson.bsky.social · Aug 27

The latest from PIIE's Jed Kolko: That reported multi-million decline in US immigrants just doesn’t add up www.piie.com/blogs/realti...

That reported multi-million decline in US immigrants just doesn’t add up

The recent Bureau of Labor Statistics (BLS) data showing that there were 2.2 million fewer immigrants in the US in July 2025 than in January is almost certainly wrong.

Nell Henderson @nellhenderson.bsky.social · Aug 27

Get ready for the end of Fed independence, writes Greg Ip wsj.com

Nell Henderson @nellhenderson.bsky.social · Aug 26

PIIE's Jason Furman: What the Federal Reserve, Supreme Court and Senate Need to Do After Lisa Cook’s Firing www.nytimes.com/2025/08/26/o...

Opinion | What the Federal Reserve, Supreme Court and Senate Need to Do After Lisa Cook’s Firing

www.nytimes.com

Nell Henderson @nellhenderson.bsky.social · Aug 26

PIIE's David Wilcox on how Jay Powell begins to set his legacy in final speech as Fed chair at Jackson Hole www.piie.com/blogs/realti...

Powell begins to set his legacy in final speech at Jackson Hole

Federal Reserve chair Jerome Powell made news in two important ways in his valedictory keynote speech as the central bank’s leader. First, he opened the door wider to a possible interest-rate cut in S...