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Preston Mui

Senior Economist preston@employamerica.org

About

Preston is a Senior Economist specializing in macroeconomics and labor economics. In his role at Employ America he reports extensively on the Federal Reserve and analyzes labor market and macroeconomic data to guide our Federal Reserve advocacy and identify key macroeconomic dynamics. Preston also collaborates closely with our policy team to develop legislative proposals and analyse the macroeconomic impact of policy changes, and has a growing body of work exploring the relationship between full employment and productivity.

Preston holds a PhD in Economics from the University of California, Berkeley. His academic work has been published in The Review of Economic Statistics and The Review of Economic Studies. He’s a trusted voice in economic policy media, and has been featured or cited in the New York Times, Washington Post, Marketplace, Barron’s, Axios, Reuters, AP News, and more.

Preston is based in Seattle, Washington, and enjoys birdwatching and racing criteriums.

Preston Mui's Work

184 Posts
Preston Mui

ICYMI: The Past, Present, And Future Of Macroeconomic Policy Overview Employ America was founded to advance the cause of full employment. In a full employment economy, jobs are plentiful, wage growth is strong, and opportunities expand to those typically left out of the workforce. Full employment is also critical to

On the whole, this is a good jobs report. It’s hard to find much fault with the data here, and it significantly diminishes the prospects of a July cut.

A light week of Fedspeak. We heard from Powell this week, who dodged a question about a July cut.

An eventful week of Fedspeak changes many of our views of where Committee members are.

Overview We originally launched Employ America to confront the policy failures that plagued the decade following the Global Financial Crisis of 2008 (GFC). The failure of our policymakers to support workers and sustain aggregate demand during and following recessions had been an enduring obstacle, not just during the GFC, but

In the days after the FOMC press conference, we have a couple of speakers talking about the possibility that they may need to move to protect the labor market.

Note: Subscribers to MacroSuite will receive our FOMC preview a week early, at the beginning of the blackout period before each FOMC meeting. What To Expect: The Fed has signaled a hold on interest rates not just in June, but throughout the summer. With risks to the inflation trajectory on

It’s just a waiting game for the inflation data to show the effect of tariffs or the labor market starts to show signs of breaking.

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