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Steve Matthews

@stevematthews12.bsky.social
1.4K followers 196 following 436 posts

Ex-Bloomberg journalist.

PostsRepliesMedia
Reposted by Steve Matthews
Carl Quintanilla @carlquintanilla.bsky.social · 22/09/2026
(Bloomberg) - Kroger Co. has stopped selling Red Bull and Boar’s Head products at many stores because the grocery chain isn’t accepting their price hikes. @bloomberg.com $KR www.bloomberg.com/news/article...
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Julia Coronado @jc-econ.bsky.social · 26/08/2026
Dolly shows that ambition, intelligence and love of craft are not in conflict with humanity, generosity and love of community, let alone joy and fun…if only the modern cohort of business leaders felt the same…💔
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Steve Matthews @stevematthews12.bsky.social · 20/08/2026
The Fed’s move away from transparency continues.
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Steve Matthews @stevematthews12.bsky.social · 07/08/2026
What if the Warsh communications task force recommends that, in line with the chairman’s preferences, Fed presidents and governors stop talking about their view of future monetary policy? Would something like this fly? Seems like Warsh would likely prefer less Fedspeak.
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Steve Matthews @stevematthews12.bsky.social · 31/07/2026
In 5 years when FOMC transcripts are released, the most fascinating question will be how Powell outlined his views on the economy and on monetary policy, and how deferential the commmitte was to him and he to Warsh.
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Steve Matthews @stevematthews12.bsky.social · 31/07/2026
If Warsh is going to stick to his not-explaining-policy strategy, his communications committee is going to have to rein in speeches and interviews by Fed governors and presidents almost entirely. It’s really hard to see that happening after decades of transparency.
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Tony Yates @t0nyyates.bsky.social · 30/07/2026
👇
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Michael Derby @michaelsderby.bsky.social · 30/07/2026
J.P. Morgan’s Feroli on Fed chair Warsh’s presser: “It's hard to know what to make of Warsh’s remarks, which involved a lot of well-turned phrases but little in the way of a coherent macro view.”
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Steve Matthews @stevematthews12.bsky.social · 23/07/2026
Trump officials, rebuffed over the effort to fire one Fed governor, are looking at the possibility of trying to oust Michael Barr, another Democrat on the theoretically independent board. www.bloomberg.com/news/article...
bloomberg.com
Trump Allies Eye SVB Review as New Path to Oust a Fed Governor
As President Donald Trump seeks more sway over the Federal Reserve, an external review of the 2023 failure of Silicon Valley Bank is turning into a high-stakes political fight.
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Mayor Zohran Kwame Mamdani @mayor.nyc.gov · 21/07/2026
NYC’s small business owners have said it over and over: endless paperwork and uncertainty has made getting their stores up and running too difficult. So we’re cutting red tape, eliminating redundant permits (did you know you need a permit just to serve some ice cream?), and speeding up inspections.
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Will Stancil @whstancil.bsky.social · 20/07/2026
There are TWO sets of measures. The first: a massive apparatus collecting vast quantities of data about hundreds of concrete, observable trends in the economy, finetuned over decades by thousands of experts. The second: polls about sentiment. Which one is more likely going haywire, do you think?
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Steve Matthews @stevematthews12.bsky.social · 03/07/2026
The Trump administration is trying to install its own person as chief of the Atlanta Fed. This is contrary to the Congressional design of the Fed banks a century ago where the goal was for the banks to be a counter to Washington politics and Wall Street. www.bloomberg.com/news/article...
bloomberg.com
Trump Allies Double Down on Efforts to Reshape Federal Reserve
President Donald Trump and his allies are renewing a push to reshape the Federal Reserve after the Supreme Court this week blocked an effort to fire Governor Lisa Cook.
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Steve Matthews @stevematthews12.bsky.social · 27/06/2026
I’m pulling for Morocco after being surrounded by huge numbers of their fans at their comeback win vs Haiti. Shocked by how many Morocco supporters made the trip to Atlanta.
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Steve Matthews @stevematthews12.bsky.social · 20/06/2026
The reason for Fed transparency is the central bank doesn’t want markets to misunderstand the Fed’s intentions and cause unnecessary volatility in the real economy—like the Bernanke taper tantrum, which was reversed over time.
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Steve Liesman @steveliesman.bsky.social · 15/05/2026
I get that the ex-post inflation numbers say Powell should have reversed course sooner… “after the pandemic.” But many forget when the pandemic ended. There were a frightening number of covid deaths, almost rivaling the initial peak, from Oct to mar 22, exactly when Powell was supposed to tighten
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Steve Matthews @stevematthews12.bsky.social · 15/05/2026
About a 45-minute wait to vote on the last day of early voting in Atlanta. Much longer line than I have ever seen for early voting. Atlanta is eager to participate in democracy!
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Steve Matthews @stevematthews12.bsky.social · 01/05/2026
Trying for the worst playoff loss in Hawks history.
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Rory Johnston @roryjohnston.bsky.social · 02/04/2026
Oil market verdict on Trump’s Iran War address:
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Rory Johnston @roryjohnston.bsky.social · 02/04/2026
We didn’t really learn anything more from Trump’s Iran War address, but those things he reaffirmed are likely going to continue driving crude prices higher: - plans to achieve military targets in 2-3 weeks, which likely means further escalation
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Carl Quintanilla @carlquintanilla.bsky.social · 29/03/2026
JPM: “.. Every day that this conflict persists brings us closer to the market being forced to consider the more negative implications for growth, which should ultimately push Treasury yields lower ..” @bloomberg.com www.bloomberg.com/news/article...
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emptywheel @emptywheel.bsky.social · 29/03/2026
Attacks on Stephen Miller getting far more specific in this Daily Mail (why are the best right-on-right hitjobs always laundered thru the UK?). 1) He ordered confrontation w/protestors b4 CBP murdered Alex Pretti. 2) He countermanded Trump order not to focus on farmworkers.
The most damaging episodes were the fatal shootings of Renee Good and Alex Pretti in Minneapolis, which Miller was at the center of.
During his 10am calls with immigration leaders, Miller was demanding agents be sent out to areas in Minneapolis where DHS knew there was a heavy presence of protesters to 'force confrontations,' two DHS senior sources told the Daily Mail.
One official noted that Miller repeatedly urged agents to engage protesters so the administration could win the 'PR battle.'
During Trump's massive immigration crackdown in in Los Angeles in June, the President spoke with top officials and told them to avoid targeting farm workers. The next day at 10am, Miller sent out different orders.
'Stephen got on the call the next day, and said "We're discussing that internally" and that we should just disregard what he said,' one official told the Daily Mail. 'It was like the President never said anything. It was just like Stephen was in charge.'
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Steve Matthews @stevematthews12.bsky.social · 23/03/2026
Another week or two of the airport chaos and airports will effectively be shut down. Now with six hour TSA waits in Atlanta, there’s essentially no reason to fly unless you are going across country or internationally.
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Steve Matthews @stevematthews12.bsky.social · 23/03/2026
@andreforatlanta.com Have you thought of just shutting the Atlanta airport down until TSA funding is approved? We lived through airports closed after 9-11. It might accelerate a Congress willing to pay TSA and ending the crisis.
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Reposted by Steve Matthews
Will Stancil @whstancil.bsky.social · 21/03/2026
This is an effort to turn the Minnesota rapid responders into criminals. If Democrats make this deal, they will send me, and many others like me who have been out protecting the community, to jail.
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Catherine Rampell @crampell.bsky.social · 20/03/2026
The thing about people who show real political courage is that usually they wish they weren't in a position where they had to show political courage.
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Carl Quintanilla @carlquintanilla.bsky.social · 20/03/2026
Monday - Send more troops Tuesday - Say we’re ending war Wednesday - Send more troops Thursday - Say ending war Friday - Send more troops Saturday - Golf Sunday - Golf
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Steve Liesman @steveliesman.bsky.social · 17/03/2026
The court record shows that Judge Boasberg bent over backwards to allow Pirro and the DOJ to issue the subpoena to the fed. He asked multiple times for any evidence of wrongdoing by Powell, he Eeven offered to hold an in camera hearing to privately review the government’s evidence. 1/2
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Carl Quintanilla @carlquintanilla.bsky.social · 12/03/2026
“.. One official said the Strait of Hormuz could become an Iranian ‘kill box’ if ships start trying to pass through. @wsj.com www.wsj.com/world/middle...
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Gabe Ortíz @tusk81.bsky.social · 08/03/2026
“ … a DOJ source told the Miami Herald that agents found her to be credible – and that they would not have interviewed her four times if they thought she was lying.” “… the woman described how Epstein trafficked her to several men, including Trump, in the 1980s.”
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The New York Times @nytimes.com · 05/03/2026
U.S. forces likely bombed an Iranian elementary school on Feb. 28 during an operation targeting a nearby military base, a New York Times analysis suggests. It is the deadliest known episode of civilian casualties since the U.S. and Israel attacked Iran — and no side has yet taken responsibility.
nytimes.com
Analysis Suggests School Was Hit Amid U.S. Strikes on Iranian Naval Base
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Steve Matthews @stevematthews12.bsky.social · 05/03/2026
"What Texas does do right, however, is let businesses build stuff, especially housing, in stark contrast with the regulations and multiple veto points that strangle construction in many blue states." --Paul Krugman open.substack.com/pub/paulkrug...
open.substack.com
Dreaming of a Blue Texas
Will economic progress turn Texas progressive?
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Steve Matthews @stevematthews12.bsky.social · 01/03/2026
Really bad algorithms for news
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Steve Matthews @stevematthews12.bsky.social · 28/02/2026
Downloaded Claude app for the first time after Anthropic’s principled decision to not assist in domestic surveillance or unmonitored drones killing people. It’s pretty cool.
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Steve Matthews @stevematthews12.bsky.social · 26/02/2026
Fed Chair Powell might stay on as a governor, Jim Bullard says via Kathleen Hays. Bullard is a keen observer of the Fed and very clued in, so it’s worth considering carefully. open.substack.com/pub/kathleen...
open.substack.com
Bullard: As Powell Steps Down as Fed Chair, He May Stay on as Fed Board Governor
Former St. Louis Fed President, Dean of Purdues's Mitch Daniels School of Business sees economic ground being laid for rate cut in second haf of year
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Michael Derby @michaelsderby.bsky.social · 25/02/2026
Fed's Bostic in retirement letter: "The legal and rhetorical battles raging around the central bank right now have caused people across a wide cross-section of our population to begin to doubt the Fed’s independence. This is a major concern."
reuters.com
Fed's Bostic: Political battles over Fed are undermining public trust
Outgoing Atlanta Federal Reserve President Raphael Bostic said on Wednesday that the political battles around the Fed are undermining public confidence in the central bank's independence, a "major con...
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Greg Sargent @gregsargent.bsky.social · 25/02/2026
The NYT just confirmed the missing Epstein files and is treating this like a blockbuster story: www.nytimes.com/2026/02/25/u...
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Steve Liesman @steveliesman.bsky.social · 21/02/2026
Hassett apologizes for comments made on CNBC where he called for NY Fed researchers to be disciplined for their findings that 90% of tariffs are paid by the US businesses and consumers. 1/
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Carl Quintanilla @carlquintanilla.bsky.social · 21/02/2026
RenMac:
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Michael McKee @mckonomy.bsky.social · 18/02/2026
NEC Director Kevin Hassett calls for @newyorkfed.org researchers to be "disciplined" for a study that shows US companies bear nearly 90% of the Trump tariff burden. Indeed, the NY Fed conclusion differs from the Kiel Institute, which estimates 94%; and the CBO, which estimates 95%...
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Steve Matthews @stevematthews12.bsky.social · 15/02/2026
This is exactly right and a great thread. People don’t want to admit the economy and most Americans were doing well post Covid (and now as well) and that inflation has come down a lot, because it seems contrary to vibes or their political messaging. But the actual facts matter.
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Michael McKee @mckonomy.bsky.social · 09/02/2026
You wonder how some people can sleep at night. And if they can, how tiny their hearts must be.
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Steve Matthews @stevematthews12.bsky.social · 06/02/2026
There really needs to be extremely long sentences for murdering dogs. This from north Georgia.
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Sahil Kapur @sahilkapur.bsky.social · 05/02/2026
Schumer & Jeffries lay out the Democratic demands for a DHS funding deal in a letter to the top Republican leaders
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Will Stancil @whstancil.bsky.social · 02/02/2026
The thing where ICE parks masked men in school lots is something I would not have believed unless I saw it with my own two eyes. They do it constantly. It’s purely a terror tactic and they’ve done it to schools over the region. Our schools are collapsing - often at 50% attendance or less.
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Steve Matthews @stevematthews12.bsky.social · 26/01/2026
Sports figures are showing a lot more courage than business executives in speaking out in favor of free speech and free assembly and against state-sponsored murder.
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Steve Matthews @stevematthews12.bsky.social · 25/01/2026
This was an execution by ICE of a peaceful ICU nurse. open.substack.com/pub/harrylit...
open.substack.com
Congress Must Act Now
More constitutional outrage in Minnesota.
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Steve Matthews @stevematthews12.bsky.social · 24/01/2026
37-year -old ICU nurse murdered by ICE goons.
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Bill Kristol @billkristolbulwark.bsky.social · 24/01/2026
To repeat: Abolish ICE.
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Steve Matthews @stevematthews12.bsky.social · 24/01/2026
Minneapolis police need to arrest the ICE thugs for murder.
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Steve Matthews @stevematthews12.bsky.social · 21/01/2026
It appears the Federal Reserve’s century-old independence might survive 2026. www.bloomberg.com/news/article...
bloomberg.com
Supreme Court Appears Wary of Trump Bid to Fire Fed’s Cook
US Supreme Court justices suggested they are wary of President Donald Trump’s effort to fire Federal Reserve Governor Lisa Cook over unproven mortgage-fraud allegations, saying the move could upend th...
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