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Jeanna Smialek
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Jeanna Smialek
@jeannasmialek
Brussels bureau chief @nytimes. Author of "The Invisible Hand of Maria Edgeworth." Out in October, available for pre-order now.
Washington, DC
penguinrandomhouse.com/authors/224856…
Joined February 2011
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  • user avatar
    Jeanna Smialek
    @jeannasmialek
    Jul 26, 2023
    Woah, news: Powell says the Fed staff are no longer forecasting a recession. They had been for the last several meetings.
    910K0910K
  • user avatar
    Jeanna Smialek
    @jeannasmialek
    Oct 14, 2019
    Esther Duflo: *Youngest person to win an economics Nobel ever *First woman to win it in a decade *Second woman to win it ever
  • user avatar
    Jeanna Smialek
    @jeannasmialek
    Sep 7, 2021
    Some personal news: Had the best long weekend, said yes, and now have ~a year to convince this guy to let me use “rational exuberance” as a wedding hashtag.
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    Jeanna Smialek
    @jeannasmialek
    Sep 22, 2021
    So first, they did not talk about talking about taper. Then they talked about talking about taper. Then they talked about taper. Now they're teeing up taper. Next they'll announce taper. Then they'll taper. I don't have kids, but I'm wondering if this is ~how bedtime works
  • user avatar
    Jeanna Smialek
    @jeannasmialek
    Jan 13, 2021
    This is quite the stat, from Brainard: "Federal Reserve staff analysis indicates that unemployment is likely above 20 percent for workers in the bottom wage quartile, while it has fallen below 5 percent for the top wage quartile."
  • user avatar
    Jeanna Smialek
    @jeannasmialek
    Nov 12, 2021
    Goldman Sachs estimates that of the 5 m people missing from the job mkt: - 1.5m retired early - 1 m retired normally - 0.9 m 55+, not retired - 1.7 m prime-age ....aka solidly 50% probably won't come back. Which'd really dent "temporary" labor shortage storylines.
  • user avatar
    Jeanna Smialek
    @jeannasmialek
    Jun 15, 2023
    Pb&j sandwiches in LaGuardia are $14, and I just watched somebody buy one. Brb revising up my personal terminal rate forecast.
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    369K0369K
  • user avatar
    Jeanna Smialek
    @jeannasmialek
    Oct 8, 2024
    Personal news: I'm moving to Brussels in January to be the NYT's new bureau chief. I'll miss the Fed beat, but I'm grateful for the opportunity and excited for the new adventure. Hit me up with your EU tips and food recs! And if you're interested... wd5.myworkday.com/nytimes/d/inst…
    163K0163K
  • user avatar
    Jeanna Smialek
    @jeannasmialek
    Apr 5, 2021
    This is interesting: "Beijing has tested expiration dates to encourage users to spend it quickly, for times when the economy needs a jump start." via @jamestareddy
    China Creates Its Own Digital Currency, a First for Major Economy
    China Creates Its Own Digital Currency, a First for Major Economy
    From wsj.com
  • user avatar
    Jeanna Smialek
    @jeannasmialek
    Dec 1, 2020
    "The risk of overdoing it is less than the risk of under-doing it," Jerome Powell says.
  • user avatar
    Jeanna Smialek
    @jeannasmialek
    Oct 2, 2020
    Women are leaving the labor market like crazy. That's bad news. Our briefing: nytimes.com/live/2020/10/0…
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  • user avatar
    Jeanna Smialek
    @jeannasmialek
    Nov 17, 2019
    "A New York Times analysis of data compiled by Capital IQ shows no statistically meaningful relationship between the size of the tax cut that companies and industries received and the investments they made."
    FedEx made a major push for a reduction in corporate taxes when Donald Trump won the presidential election. 
    How FedEx Cut Its Tax Bill to $0 (Published 2019)
    From nytimes.com
  • user avatar
    Jeanna Smialek
    @jeannasmialek
    Apr 27, 2022
    Uh: "Instead of simply paying for property with tokens, borrowers pledge their digital holdings as collateral, with no down payments necessary. That enables the holders to keep their coins, avoiding taxes on capital gains..."
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    Crypto Mortgages Let Homebuyers Keep Bitcoin, Put Down Nothing
    From bloomberg.com
  • user avatar
    Jeanna Smialek
    @jeannasmialek
    Feb 23, 2021
    Find somone who talks about you the way Jay Powell talks about <4% unemployment.
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