Kaleb Nygaard retweetledi
@DanAwrey And assuming working printers? No wonder the Fed was behind at the beginning of the financial crisis:
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Kaleb Nygaard
3.3K posts
Kaleb Nygaard
@KalebNygaard
Armchair Fed Historian | currently @Visa | previously @YPFSatYale @chicagofed
San Francisco Katılım Ocak 2013
253 Takip Edilen1.7K Takipçiler
Myyyyyy goodness Dalle3 finally did it. I've been dropping "inflation dragon rests on the Federal Reserve building in DC" into every single AI image generator (and iteration) for a year. They all sucked. So bad. These not only suck, but they are each so 👩🏼🍳😘
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@StevenKelly49 haha, so FRASER has them broken out by meeting and they meet sometimes every day. For an earlier project I combined every mtg from 1966 into a single pdf that was 5107 pages long. Which, yes, is very long. But FOIA office use an online portal (not email) so should totally work ha
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@KalebNygaard how many times did they meet??? Seems a pdf could've done the job 😂
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The Fed Board meeting minutes are insanely useful and interesting materials. Until now, they’ve only made public to 1966 (fraser.stlouisfed.org/title/minutes-…)
I will soon extend that to 1967 🎉 🎉
But first I’ll have to somehow get them off……the CD the Board is mailing to me 😂
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Kaleb Nygaard retweetledi
This one-year, in-residence program gives financial stability professionals formal training in:
• financial crisis management
• global financial regulation
•central banking and monetary economics
• macroprudential policy
•crisis communications
and more!!
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Kaleb Nygaard retweetledi
Next year's application for our master's degree in financial stability is OPEN!!
This program is for professionals thinking about systemic risk at central banks, treasury depts, financial institution risk groups, etc
Please share w/ anyone interested! DMs open for any questions
Yale Program on Financial Stability@YPFSatYale
🚨🚨 Calling all financial stability professionals: The application for next year's Master's in Systemic Risk program is now LIVE: application.mms.som.yale.edu/portal/SRappli… Please share with your networks! You can reach out with questions to somsysrisk@yale.edu som.yale.edu/programs/mms-s…
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Kaleb Nygaard retweetledi
Fun fact: Fed officials’ forecasts are anonymous to each other as well (Powell’s colleagues don’t know which “dot” is his) federalreserve.gov/monetarypolicy…
Victoria Guida@vtg2
Federal Reserve officials on Wednesday gave the clearest signal yet that they expect to be able to beat inflation without causing a recession. politico.com/news/2023/09/2…
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@ZaringDavid @StevenKelly49 ohhh, nice! last year I went back through all the annual reports to pull out audit firms. Law firms would obviously not be quite as straight forward to pull the data. But seems totally possible. David, add it to our list of things to do together some day! twitter.com/KalebNygaard/s…
Kaleb Nygaard@KalebNygaard
A #FedThread and some new data on Federal Reserve Board Audits 🤓🧮 1/10
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“The Anguish of a Central Banker” Burns 1979
“The Triumph of Central Banking?” Volcker 1990
If Powell pulls this off, his 2026 post-retirement speech can remove Volcker’s question mark.
Jeanna Smialek@jeannasmialek
Could we get that soft landing after all? Fed officials will be careful about declaring victory, but the tantalizing possibility that we could hang onto a solid labor market + some growth is coming into view. And with it, points for debate: (1/2) nytimes.com/2023/07/17/bus…
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Kaleb Nygaard retweetledi
And it's certainly not about SVB dropping its rate hedges. The rate losses are mostly a subplot.
Banks don't typically hedge their rate risk, and the way banks' take rate risk isn't really the textbook definition way it's been discussed.
I offer a parable of the corn producer:
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Kaleb Nygaard retweetledi
NEW note out — “The Macro Story of SVB Isn't Just About the Fed”
withoutwarningresearch.com/p/the-macro-st…
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Kaleb Nygaard retweetledi
Zoltan announces to @tracyalloway and @TheStalwart that he’s starting his own firm: bloomberg.com/news/articles/…
And this tweet officially comes full circle:
Steven Kelly@StevenKelly49
Honestly, at this point, Credit Suisse should just be broken up into a bad bank and a good Zoltan
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Kaleb Nygaard retweetledi
@KalebNygaard @ctorresreporter Her nod to the “expedited timeframe” also seems to be echoing your earlier comment expressing concern about the choice of deadline for the report:
Kaleb Nygaard@KalebNygaard
This May 1 date is a bit strange to me. Too quick if the goal is in-depth look at what happened in order to reshape S&R policies. Too slow to have any "stress test results announcement" effect.
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The politicization of bank supervision and regulation takes its next logical step. Like I told @ctorresreporter when the report first came out.
bloomberg.com/news/articles/…
Steven Kelly@StevenKelly49
Whoa. Gov Bowman coming out swinging on the bank failure postmortems: “Much of this work was prepared internally, by Federal Reserve supervision staff, relying on a limited number of unattributed source interviews, and completed on an expedited timeframe with a limited scope.”
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