Macroeconomic Policy Nexus
David Beckworth, Kaleb NygaardMacroeconomic Policy Nexus is a newsletter that will cover the Macro Musings podcast as well as the latest developments in the monetary, financial, and fiscal policy space that interest David Beckworth.
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 44 | Subscribers | Read | macroeconomicpolicynexus.substack.c... |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
Three Views of QE: Irrelevance, Insurance, and Irreversibility
Quantitative Easing (QE) is back in the news. So, too, is the large size of the Federal Reserve’s balance sheet. The public’s renewed interest in these topics has been sparked by President Trump’s nomination of Kevin Warsh to be the next Fe...
Who Sits at the Fed's Table? Part II
Kaleb Nygaard is back for the second part of his reporting on the changing nature of the Federal Reserve’s monetary policy decision-making body, the Federal Open Market Committee (FOMC). In the first installment, he documented when the FOMC...
Who Sits at the Fed’s Table? Part I
This week’s Supreme Court arguments over President Trump’s attempt to remove Fed Governor Lisa Cook have put an unusually bright spotlight on a question most people rarely stop to consider: what, exactly, is the Federal Reserve as an instit...
Déjà Vu at the Federal Reserve
The FOMC brought quantitative tightening (QT) to an end at its December 2025 meeting. In doing so, it reaffirmed something that has become increasingly clear over the past decade: the structural size of the Fed’s balance sheet keeps ratchet...
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Authors
The writers behind this newsletter.
Senior Research Fellow at the Mercatus Center || Podcast Host of the Macro Musings Podcast || Former U.S. Treasury Economist
Payments Policy @ Visa | formerly Yale Program on Financial Policy and Chicago Fed
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