Joel Suss
@joelsuss.ft.com
Data journalist, Financial Times | Visiting Fellow, London School of Economics
[email protected]
[email protected]
Three reasons why the Fed will/should raise rates on Wednesday:
1. core PCE inflation has been trending higher for some time and the Aug CPI release suggests more to come
2. financial conditions are loose
3. household inflation expectations are high and rising
My take: as.ft.com/r/8db4741a-0...
1. core PCE inflation has been trending higher for some time and the Aug CPI release suggests more to come
2. financial conditions are loose
3. household inflation expectations are high and rising
My take: as.ft.com/r/8db4741a-0...
September 14, 2026 at 1:46 PM
Three reasons why the Fed will/should raise rates on Wednesday:
1. core PCE inflation has been trending higher for some time and the Aug CPI release suggests more to come
2. financial conditions are loose
3. household inflation expectations are high and rising
My take: as.ft.com/r/8db4741a-0...
1. core PCE inflation has been trending higher for some time and the Aug CPI release suggests more to come
2. financial conditions are loose
3. household inflation expectations are high and rising
My take: as.ft.com/r/8db4741a-0...
Reposted by Joel Suss
The Nigel Farage and Reform foreign donations scandal excluded from all but one national newspaper front page this morning.
No sign of it at all on the front pages of the two papers which splashed the polls secretly funded by a Reform donor earlier this year
No sign of it at all on the front pages of the two papers which splashed the polls secretly funded by a Reform donor earlier this year
September 4, 2026 at 6:27 AM
The Nigel Farage and Reform foreign donations scandal excluded from all but one national newspaper front page this morning.
No sign of it at all on the front pages of the two papers which splashed the polls secretly funded by a Reform donor earlier this year
No sign of it at all on the front pages of the two papers which splashed the polls secretly funded by a Reform donor earlier this year
Incredible undercover work here!
The legwork, and the sting, which seems to have caught out James Orr, Nigel Farage and Reform-UK was carried out by Verbatim Investigations who have dropped their own take on the story.
Dirty Money: A Year Undercover in Reform UK
A yearlong investigation into Nigel Farage’s fundraising operation reveals a plot to break the law by bringing foreign money into British politics
www.verbatiminvestigations.com
September 3, 2026 at 8:07 PM
Incredible undercover work here!
Reposted by Joel Suss
The legwork, and the sting, which seems to have caught out James Orr, Nigel Farage and Reform-UK was carried out by Verbatim Investigations who have dropped their own take on the story.
Dirty Money: A Year Undercover in Reform UK
A yearlong investigation into Nigel Farage’s fundraising operation reveals a plot to break the law by bringing foreign money into British politics
www.verbatiminvestigations.com
September 3, 2026 at 7:08 PM
The legwork, and the sting, which seems to have caught out James Orr, Nigel Farage and Reform-UK was carried out by Verbatim Investigations who have dropped their own take on the story.
Reposted by Joel Suss
James Orr: Reform’s head of policy, Cambridge theologian, architect of the new British right. Our profile for @ftweekend.com looks at his links to the Maga movement, Silicon Valley & European populists, and his life as a Cambridge lecturer
with @ramshodgson.bsky.social
www.ft.com/content/c2d0...
with @ramshodgson.bsky.social
www.ft.com/content/c2d0...
James Orr and the gospel of the new British right
Reform’s policy head is a Cambridge theologian with an enviable contact book and a belief in ‘faith, family and flag’
www.ft.com
September 3, 2026 at 7:31 AM
James Orr: Reform’s head of policy, Cambridge theologian, architect of the new British right. Our profile for @ftweekend.com looks at his links to the Maga movement, Silicon Valley & European populists, and his life as a Cambridge lecturer
with @ramshodgson.bsky.social
www.ft.com/content/c2d0...
with @ramshodgson.bsky.social
www.ft.com/content/c2d0...
Reposted by Joel Suss
As honoured as I am to see that The Times has picked up my Chagos article practically *word for word*, including my hard-gotten quotes, I’d prefer some credit — or for everyone to read my original FT piece!
free link to read the evidently enviable article below (cheaper than a Times sub!) 🌴
free link to read the evidently enviable article below (cheaper than a Times sub!) 🌴
August 31, 2026 at 5:42 PM
As honoured as I am to see that The Times has picked up my Chagos article practically *word for word*, including my hard-gotten quotes, I’d prefer some credit — or for everyone to read my original FT piece!
free link to read the evidently enviable article below (cheaper than a Times sub!) 🌴
free link to read the evidently enviable article below (cheaper than a Times sub!) 🌴
Reposted by Joel Suss
US corporate profits have hit a record high while employees’ share has fallen to 60 per cent, the lowest since the 1950s. "The gains that the top is seeing far, far, far outpace the gains — if any — that the bottom is seeing," says a policy adviser.
Read the story on #FTEdit 👉 ft.trib.al/0AG2YAu
Read the story on #FTEdit 👉 ft.trib.al/0AG2YAu
August 28, 2026 at 8:35 AM
US corporate profits have hit a record high while employees’ share has fallen to 60 per cent, the lowest since the 1950s. "The gains that the top is seeing far, far, far outpace the gains — if any — that the bottom is seeing," says a policy adviser.
Read the story on #FTEdit 👉 ft.trib.al/0AG2YAu
Read the story on #FTEdit 👉 ft.trib.al/0AG2YAu
Reposted by Joel Suss
New from me:
Until recently, the gap between comfortably-off and just-getting-started could plausibly be crossed in a decade or two of hard work.
Growth in asset prices means that’s no longer true: even a lifetime of striving doesn’t offer a realistic prospect of feeling you’ve “made it”.
Until recently, the gap between comfortably-off and just-getting-started could plausibly be crossed in a decade or two of hard work.
Growth in asset prices means that’s no longer true: even a lifetime of striving doesn’t offer a realistic prospect of feeling you’ve “made it”.
July 31, 2026 at 1:05 PM
New from me:
Until recently, the gap between comfortably-off and just-getting-started could plausibly be crossed in a decade or two of hard work.
Growth in asset prices means that’s no longer true: even a lifetime of striving doesn’t offer a realistic prospect of feeling you’ve “made it”.
Until recently, the gap between comfortably-off and just-getting-started could plausibly be crossed in a decade or two of hard work.
Growth in asset prices means that’s no longer true: even a lifetime of striving doesn’t offer a realistic prospect of feeling you’ve “made it”.
Reposted by Joel Suss
July 30, 2026 at 9:43 AM
Reposted by Joel Suss
Warsh's ban on forward guidance is a legitimate policy choice. The problem is that his chosen justification for it is absolute nonsense.
July 30, 2026 at 11:46 AM
Warsh's ban on forward guidance is a legitimate policy choice. The problem is that his chosen justification for it is absolute nonsense.
Nice figure on the Warsh effect -- the gap between the 30yr and 2yr Treasury shot up as.ft.com/r/7d1c8d80-2...
July 30, 2026 at 12:44 PM
Nice figure on the Warsh effect -- the gap between the 30yr and 2yr Treasury shot up as.ft.com/r/7d1c8d80-2...
Reposted by Joel Suss
FT's Robert Armstrong: Warsh’s description of his communications policy is nonsense. Unless Warsh (and the rest of us) get lucky, this will become a bigger problem over time. Warsh’s forward guidance omertà: I don’t believe it can last for ever.
www.ft.com/content/fe3f...
www.ft.com/content/fe3f...
July 30, 2026 at 10:38 AM
FT's Robert Armstrong: Warsh’s description of his communications policy is nonsense. Unless Warsh (and the rest of us) get lucky, this will become a bigger problem over time. Warsh’s forward guidance omertà: I don’t believe it can last for ever.
www.ft.com/content/fe3f...
www.ft.com/content/fe3f...
Silicon Warsh — our AI version of the real Kevin Warsh — has more credibility
Here’s what Silicon Warsh said during fake FOMC meeting: “The Committee needs to demonstrate, through action not rhetoric, its resolve to deliver on price stability.”
as.ft.com/r/b843f13d-5... The LLM FOMC votes to raise
Here’s what Silicon Warsh said during fake FOMC meeting: “The Committee needs to demonstrate, through action not rhetoric, its resolve to deliver on price stability.”
as.ft.com/r/b843f13d-5... The LLM FOMC votes to raise
The LLM FOMC votes to raise
Silicon Warsh is a hawk
as.ft.com
July 30, 2026 at 9:13 AM
Silicon Warsh — our AI version of the real Kevin Warsh — has more credibility
Here’s what Silicon Warsh said during fake FOMC meeting: “The Committee needs to demonstrate, through action not rhetoric, its resolve to deliver on price stability.”
as.ft.com/r/b843f13d-5... The LLM FOMC votes to raise
Here’s what Silicon Warsh said during fake FOMC meeting: “The Committee needs to demonstrate, through action not rhetoric, its resolve to deliver on price stability.”
as.ft.com/r/b843f13d-5... The LLM FOMC votes to raise
Chalk this one up to the humans! AI not yet our overlords ...
Kevin Warsh's Fed meets today to decide on rates, but the new chair has been tight-lipped, giving no signal on direction
Silicon Warsh, on the other hand, loves to talk. At @alphaville.ft.com, I used LLMs to simulate the FOMC. The result: a unanimous vote to raise rates
www.ft.com/content/76b4...
Silicon Warsh, on the other hand, loves to talk. At @alphaville.ft.com, I used LLMs to simulate the FOMC. The result: a unanimous vote to raise rates
www.ft.com/content/76b4...
The LLM FOMC votes to raise
Silicon Warsh is a hawk
www.ft.com
July 29, 2026 at 6:20 PM
Chalk this one up to the humans! AI not yet our overlords ...
Reposted by Joel Suss
Kevin Warsh's Fed meets today to decide on rates, but the new chair has been tight-lipped, giving no signal on direction
Silicon Warsh, on the other hand, loves to talk. At @alphaville.ft.com, I used LLMs to simulate the FOMC. The result: a unanimous vote to raise rates
www.ft.com/content/76b4...
Silicon Warsh, on the other hand, loves to talk. At @alphaville.ft.com, I used LLMs to simulate the FOMC. The result: a unanimous vote to raise rates
www.ft.com/content/76b4...
The LLM FOMC votes to raise
Silicon Warsh is a hawk
www.ft.com
July 29, 2026 at 10:00 AM
Kevin Warsh's Fed meets today to decide on rates, but the new chair has been tight-lipped, giving no signal on direction
Silicon Warsh, on the other hand, loves to talk. At @alphaville.ft.com, I used LLMs to simulate the FOMC. The result: a unanimous vote to raise rates
www.ft.com/content/76b4...
Silicon Warsh, on the other hand, loves to talk. At @alphaville.ft.com, I used LLMs to simulate the FOMC. The result: a unanimous vote to raise rates
www.ft.com/content/76b4...
I've written an op-ed in the @financialtimes.com today where I argue that we should talk more about consumption tax, and in particular the need to reform UK VAT
It can be made more efficient and progressive while also raising much needed revenue
as.ft.com/r/66472205-f...
It can be made more efficient and progressive while also raising much needed revenue
as.ft.com/r/66472205-f...
A truly progressive VAT would solve a lot of UK tax problems
Ending exemptions while excluding low-income households would be fairer and bring in far more revenue
as.ft.com
July 28, 2026 at 1:36 PM
I've written an op-ed in the @financialtimes.com today where I argue that we should talk more about consumption tax, and in particular the need to reform UK VAT
It can be made more efficient and progressive while also raising much needed revenue
as.ft.com/r/66472205-f...
It can be made more efficient and progressive while also raising much needed revenue
as.ft.com/r/66472205-f...
Reposted by Joel Suss
At dinner before day one of his first meeting as Fed chair, Kevin Warsh told his 18 colleagues he was launching five task forces to rethink how the Fed reads the economy.
Chris Waller asked what the point was. Name who's on them, he said, and I'll tell you what they'll say.
Chris Waller asked what the point was. Name who's on them, he said, and I'll tell you what they'll say.
Kevin Warsh Wanted a ‘Good Family Fight’ at the Fed. He’s Getting One.
The new chairman initiated a debate over how the central bank works, and it could test his tight-lipped approach on the economy.
www.wsj.com
July 28, 2026 at 2:02 AM
At dinner before day one of his first meeting as Fed chair, Kevin Warsh told his 18 colleagues he was launching five task forces to rethink how the Fed reads the economy.
Chris Waller asked what the point was. Name who's on them, he said, and I'll tell you what they'll say.
Chris Waller asked what the point was. Name who's on them, he said, and I'll tell you what they'll say.
Reposted by Joel Suss
Since Kevin Warsh boasted about how volatility, bond yields and inflation expectations had fallen since he was sworn in...
... they have all reversed
Perhaps, not such a genius
... they have all reversed
Perhaps, not such a genius
July 28, 2026 at 12:08 PM
Since Kevin Warsh boasted about how volatility, bond yields and inflation expectations had fallen since he was sworn in...
... they have all reversed
Perhaps, not such a genius
... they have all reversed
Perhaps, not such a genius
I've written about the troubling, decades-long decoupling of pay & productivity growth
The textbook says these should grow together, but reality - far from perfect competition - means capital has captured more of the economic fruits
AI risks widening the gap
Link 👉 as.ft.com/r/a188bb54-b...
The textbook says these should grow together, but reality - far from perfect competition - means capital has captured more of the economic fruits
AI risks widening the gap
Link 👉 as.ft.com/r/a188bb54-b...
July 27, 2026 at 12:13 PM
I've written about the troubling, decades-long decoupling of pay & productivity growth
The textbook says these should grow together, but reality - far from perfect competition - means capital has captured more of the economic fruits
AI risks widening the gap
Link 👉 as.ft.com/r/a188bb54-b...
The textbook says these should grow together, but reality - far from perfect competition - means capital has captured more of the economic fruits
AI risks widening the gap
Link 👉 as.ft.com/r/a188bb54-b...
Reposted by Joel Suss
July 26, 2026 at 4:19 PM
Reposted by Joel Suss
1/7
FT: "According to economic theory, productivity and real wages should grow in tandem, with the benefits of new technology being shared with the workers who produce the stuff. But in the US, Europe and Japan, pay growth has decoupled from...
www.ft.com/content/9741...
FT: "According to economic theory, productivity and real wages should grow in tandem, with the benefits of new technology being shared with the workers who produce the stuff. But in the US, Europe and Japan, pay growth has decoupled from...
www.ft.com/content/9741...
Why wages and productivity look set to diverge further
AI and a falling labour share of GDP risk accelerating decoupling trends across the rich world
www.ft.com
July 26, 2026 at 3:51 PM
1/7
FT: "According to economic theory, productivity and real wages should grow in tandem, with the benefits of new technology being shared with the workers who produce the stuff. But in the US, Europe and Japan, pay growth has decoupled from...
www.ft.com/content/9741...
FT: "According to economic theory, productivity and real wages should grow in tandem, with the benefits of new technology being shared with the workers who produce the stuff. But in the US, Europe and Japan, pay growth has decoupled from...
www.ft.com/content/9741...
Reposted by Joel Suss
Why wages and productivity look set to diverge further ft.trib.al/PrTmG3v
Why wages and productivity look set to diverge further
AI and a falling labour share of GDP risk accelerating decoupling trends across the rich world
ft.trib.al
July 26, 2026 at 11:19 AM
Why wages and productivity look set to diverge further ft.trib.al/PrTmG3v
Reposted by Joel Suss
Having spent a very happy 18 months sinking into its 3,000 pages, I have written about why reading Proust is essential in the 21st century as.ft.com/r/32995bbf-8...
Proust in the age of TikTok
The French writer’s seven-volume magnum opus was a challenging choice for a book club — but its evocation of the human psyche makes essential reading for our times
as.ft.com
July 25, 2026 at 6:45 AM
Having spent a very happy 18 months sinking into its 3,000 pages, I have written about why reading Proust is essential in the 21st century as.ft.com/r/32995bbf-8...
Reposted by Joel Suss
@joelsuss.ft.com : The median US household now sees long-run inflation to be 3.5 per cent, against an average of 2.5 per cent from 2015 through 2019. (“Long-run” is expected annual inflation in five years’ time.) (1/2)
Monetary Policy Radar | Financial Times
Monetary Policy Radar, a new product from FT Professional, has been designed to boost investors’ confidence and help anticipate future monetary policy decisions.
www.ft.com
July 24, 2026 at 3:21 AM
@joelsuss.ft.com : The median US household now sees long-run inflation to be 3.5 per cent, against an average of 2.5 per cent from 2015 through 2019. (“Long-run” is expected annual inflation in five years’ time.) (1/2)