Y.K. Liu
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Y.K. Liu
@ykliu.bsky.social
Reposted by Y.K. Liu
Current disruptions across North America — a rough day for flying throughout the US, but especially in the eastern half of the country. Weather and ATC staffing issues contributing to today’s delays.
November 9, 2025 at 9:37 PM
Reposted by Y.K. Liu
EU leaders fail to back €140bn loan for Ukraine using frozen Russian assets on.ft.com/47CVbWi
EU leaders fail to back €140bn loan for Ukraine using frozen Russian assets
Belgium resists plan fearing retaliation by Moscow over assets immobilised on its soil
on.ft.com
October 23, 2025 at 7:42 PM
Reposted by Y.K. Liu
Watch Inside Economics and dig into the trends transforming the world economy with three of our top economics and finance editors: Rachana Shanbhogue, @curr.bsky.social and @birdyword.bsky.social.

Browse all coming episodes of The Economist Insider: econ.st/4nT5X0h
Introducing Insider by The Economist | The Economist
Exclusive shows with our editors and global experts. Get the inside view on the AI revolution, the Russia-Ukraine war and the forces reshaping the world economy.
econ.st
October 19, 2025 at 9:00 AM
Reposted by Y.K. Liu
... been a highly data-dependent Fed needs to also apply a forward-looking, strategic judgment—something it has been reluctant to do since its major (“transitory” inflation) policy mistake in 2021.
www.federalreserve.gov/monetarypoli...
#economy #federalreserve #markets #inflation #jobs #employment
October 15, 2025 at 7:17 PM
Reposted by Y.K. Liu
...it suggests that both supply and demand factors, and not just the latter, are driving the weaker jobs picture.
Bottom line: The backward-looking numbers that this Fed has been using and citing as its main policy influencer do not give a green light for more rate cuts. Instead, what has...
3 of 4
Beige Book
The Federal Reserve Board of Governors in Washington DC.
www.federalreserve.gov
October 15, 2025 at 7:17 PM
Reposted by Y.K. Liu
...a softening labor market that could justify further rate cuts.
On the other hand, the Beige Book complicates the policy conclusions in two ways
First, it reports that input costs are rising at a faster pace than before in many districts, even as consumer prices continue to climb.
Second...
2 of 4
Beige Book
The Federal Reserve Board of Governors in Washington DC.
www.federalreserve.gov
October 15, 2025 at 7:16 PM
Reposted by Y.K. Liu
Today’s Beige Book (link below) highlights the policy challenge facing this highly data-dependent Federal Reserve.
On one hand, the latest surveys from the regional Feds point to firms reducing employment through attrition and firings. This aligns with Chair Powell’s remarks yesterday, suggesting...
Beige Book
The Federal Reserve Board of Governors in Washington DC.
www.federalreserve.gov
October 15, 2025 at 7:15 PM
Reposted by Y.K. Liu
BREAKING: Prominent Palestinian journalist Saleh Aljafarawi has been killed by gunmen in Gaza City’s al-Sabra neighbourhood, making him one of more than 270 journalists killed since Israel’s war began in 2023.

🔴 LIVE updates: aje.io/p49p9n
October 12, 2025 at 7:41 PM
Reposted by Y.K. Liu
WASHINGTON (AP) - Trump says 'there seems to be no reason' to meet Xi during upcoming Asia trip after China restricts rare earth exports.

@apnews.com
October 10, 2025 at 3:07 PM
Reposted by Y.K. Liu
"The international community – including @IMFNews– is unified behind Argentina and its prudent fiscal strategy, but only the United States can act swiftly. And act we will."
This is from the statement by the @USTreasury confirming that "today we directly purchased Argentine pesos. Additionally...
October 9, 2025 at 7:13 PM
Reposted by Y.K. Liu
Thirty of Ross' trademark landscapes will be sold at a series of auctions starting in November. He painted many of them live on The Joy of Painting, which started airing on PBS in the 1980s. n.pr/474wJvJ
Dozens of Bob Ross paintings will be auctioned to help public TV after funding cuts
Thirty of Ross' trademark landscapes will be sold at a series of auctions starting in November. He painted many of them live on The Joy of Painting, which started airing on PBS in the 1980s.
n.pr
October 8, 2025 at 6:50 PM
Reposted by Y.K. Liu
This Fed minutes listed a complete set of labor market indicators observed by the central bank's officials🫴

📈unemployment rate
📈the ratio of job vacancies to unemployed workers
📈wage growth
📈the percentage of unemployed workers who find a job
📈the quits rate among employed workers
📈the layoff rate
October 8, 2025 at 6:45 PM
Reposted by Y.K. Liu
Here’s the link to the minutes from last month’s Federal Reserve policy meeting. They reveal significantly less consensus among officials on key policy issues than what was signaled at the press conference that followed that meeting.
www.federalreserve.gov/newsevents/p...
#economy #FederalReserve
Minutes of the Federal Open Market Committee, September 16–17, 2025
The Federal Reserve on Wednesday released the minutes of the Federal Open Market Committee meeting that was held on September 16–17, 2025. The minutes f
www.federalreserve.gov
October 8, 2025 at 6:38 PM
Reposted by Y.K. Liu
FT: “OpenAI’s Computing Deals Top $1 Trillion”

@financialtimes.com
#IHopeYoureRight
www.ft.com/content/5f6f...
October 7, 2025 at 11:13 AM
Reposted by Y.K. Liu
The decoupling of economic growth from employment adds complexity to Federal Reserve policymaking. Here’s why:

www.project-syndicate.org/commentary/f...

#economy #jobs #growth #Inflation #FederalReserve
As Growth Decouples From Employment, the Fed Faces a Trilemma
Mohamed A. El-Erian thinks macroeconomic and market trends are giving the US central bank reason to fear for financial stability.
www.project-syndicate.org
October 6, 2025 at 5:34 PM
Reposted by Y.K. Liu
There goes coffee. ☕️

@barchart.com
September 15, 2025 at 6:04 PM
Reposted by Y.K. Liu
If you can, reconnect with old friends. Make new ones. Don't let yourself feel like this all is a burden that has to be done alone. We are, after all, in this together.

And with that, have a good night, fam.
September 13, 2025 at 5:24 AM
Reposted by Y.K. Liu
Intriguing data from the Perseverance rover on Mars, but too soon to attribute it to the existence of life. Science takes time, that's okay.
Has Perseverance found a biosignature on Mars? It's complicated. Interpreting the data is tricky because other non-biological processes could account for the findings. arstechnica.com/science/2025...
Has Perseverance found a biosignature on Mars?
Interpreting the data is tricky because other non-biological processes could account for the findings.
arstechnica.com
September 10, 2025 at 5:20 PM
Reposted by Y.K. Liu
H/T PM
The longstanding gap between what the markets traditionally deemed as less risky French government bonds and those seen as the more risky Italian ones has disappeared.
#economy #markets #bonds #italy #france
September 10, 2025 at 5:22 PM
Reposted by Y.K. Liu
Ongoing. Downed objects (multiple). Repeated violations.
September 10, 2025 at 1:57 AM
Reposted by Y.K. Liu
Polish and NATO jets scrambled, Warsaw airport closes after Ukrainian reports of Russian drones over Poland.
Polish and NATO jets scrambled, Warsaw airport shut after Ukrainian reports of Russian drones over Poland | CNN
Polish authorities have closed Warsaw International Airport and Polish and NATO aircraft have been scrambled as reports have surfaced of Russian drones over the country.
www.cnn.com
September 10, 2025 at 1:30 AM
Reposted by Y.K. Liu
FYI, the link to Friday's conversation with Brian Sullivan.

www.cnbc.com/video/2025/0...

#economy #markets #jobs @cnbc.com
September 6, 2025 at 2:57 PM
Reposted by Y.K. Liu
Foreign troops in Ukraine would be ‘legitimate targets’ for Russia, Putin warns on.ft.com/3HT1BGZ
Foreign troops in Ukraine would be ‘legitimate targets’ for Russia, Vladimir Putin warns
Russian president insists any peace talks with Ukrainian counterpart Volodymyr Zelenskyy must be held in Moscow
on.ft.com
September 5, 2025 at 10:16 AM
Reposted by Y.K. Liu
Just how far can French politicians push the bond market? Efforts to slash the country’s American-style deficit, which sits at 5.4% of GDP, might soon bring down another government
Bond vigilantes take aim at France
With any luck, the stand-off might focus politicians’ minds
econ.st
September 5, 2025 at 10:20 AM
Reposted by Y.K. Liu
Companies and law firms positioning for potential REFUNDS on tariffs already paid.

“.. We have a lot of clients asking about it,” Lenny Feldman, a managing partner of Sandler, Travis & Rosenberg, a law firm specializing in international trade.”

(via Dealbook)
www.strtrade.com/trade-news-r...
September 4, 2025 at 12:16 PM