I will be speaking at the 52nd Annual NOIC — Register now to have a seat at the table! October 28-31 —  #NOICconference# #NewOrleansInvestmentConference# #federalreserve# #dimartinobooth# #economy#

Posted earlier today: From the Financial Times: My take on what to make of Federal Reserve Chair Kevin Warsh's first Jackson Hole speech. #economy# #markets# #FederalReserve# #ArtificialIntelligence# #inflation# @ft

Just posted by the Financial Times: My take on what to make of Federal Reserve Chair Kevin Warsh's first Jackson Hole speech. #economy# #markets# #federalreserve# #ai# #inflation# @ft

US Treasury curve move sends 2 messages Today’s 2s-10s (~7 bps) and 2s-30s (~10 bps) yield curve flattening (Bloomberg charts below) would suggest a double message from fixed income markets: Short-term hawkish repricing following Chair Warsh’s firm commitment to the inflation target. An endorsement of longer-term Fed credibility. #economy# #markets# #federalreserve#

Markets don’t wait for certainty. Before the FOMC minutes are published, every “some,” “several,” and “most” already carries a price. The document comes later. The positioning happens now. That’s what markets do: turn uncertainty into probability. #Foreso# #FOMC# #PredictionMarkets# #FederalReserve# #Markets#

I will be speaking at the 52nd Annual NOIC — Register now to have a seat at the table! October 28-31 —  #NOICconference# #NewOrleansInvestmentConference# #federalreserve# #dimartinobooth# #economy#

The Federal Reserve may be further ahead on AI than many realize. Former Fed Chief Innovation Officer @sunayna says that this year, every employee at the @federalreserve had AI in their performance goals.

Payment accounts at the Fed are an important step toward modernizing the U.S. payment system—and we want to see them actually work. That's why @coinbase filed comment letters with the @federalreserve this week. Our message is simple: expand access, but build a framework that's viable in practice. Three fixes matter most. - First, these accounts should earn interest on at least a threshold portion of balances. - Second, any overnight balance limit should be tailored to an institution's demonstrated payments needs. - Third, oversight should match the actual risk. Get these details right, and payment accounts can lower costs, strengthen competition, and keep the U.S. at the frontier of global payments.