{"id":278016,"date":"2025-06-07T19:43:14","date_gmt":"2025-06-07T19:43:14","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/06\/07\/in-case-you-thought-policy-uncertainty-had-declined\/"},"modified":"2025-06-25T17:08:09","modified_gmt":"2025-06-25T17:08:09","slug":"in-case-you-thought-policy-uncertainty-had-declined","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/06\/07\/in-case-you-thought-policy-uncertainty-had-declined\/","title":{"rendered":"In Case You Thought Policy Uncertainty Had Declined"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-56907\">\n\t\t\t\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>Remember, we\u2019ve got tariff *pauses* (pl.), OBBB, debt ceiling limit, etc. Do you expect the folks in the present administration to have a handle on things?<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/06\/epu_eputradepix.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-56908\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/06\/epu_eputradepix.png\" alt=\"\" width=\"1080\" height=\"547\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/06\/epu_eputradepix.png 1080w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/06\/epu_eputradepix-300x152.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/06\/epu_eputradepix-1024x519.png 1024w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/06\/epu_eputradepix-768x389.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/06\/epu_eputradepix-624x316.png 624w\" sizes=\"(max-width: 1080px) 100vw, 1080px\"\/><\/a><\/p>\n<p><em><strong>Figure 1:<\/strong> EPU (blue, left scale), EPU 7 day centered moving average (dark red, left scale), EPU-trade (teal, right scale), EPU-trade 7 day centered moving average (red, right scale). Source: policyuncertainty.com.\u00a0<\/em><\/p>\n<p>As a check, here\u2019s the Caldara et al. measure compared against the Baker, Bloom and Davis measure of trade policy uncertainty.<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/06\/tpud_eputradepix.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-56912\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/06\/tpud_eputradepix.png\" alt=\"\" width=\"1080\" height=\"547\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/06\/tpud_eputradepix.png 1080w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/06\/tpud_eputradepix-300x152.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/06\/tpud_eputradepix-1024x519.png 1024w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/06\/tpud_eputradepix-768x389.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/06\/tpud_eputradepix-624x316.png 624w\" sizes=\"(max-width: 1080px) 100vw, 1080px\"\/><\/a><\/p>\n<p><em><strong>Figure 2:<\/strong> Trade Policy Uncertainty (black, left scale), EPU 7 day centered moving average (pink, left scale), EPU-trade (teal, right scale), EPU-trade 7 day centered moving average (red, right scale). Source: policyuncertainty.com, and <a href=\"https:\/\/www.matteoiacoviello.com\/tpu.htm\">Iacoviella et al<\/a>.<\/em><\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2025\/06\/in-case-you-thought-policy-uncertainty-had-declined\" title=\"11:59 am\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2025-06-07T11:59:35-07:00\">June 7, 2025<\/time><\/a><span class=\"by-author\"> by <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/econbrowser.com\/archives\/author\/menzie_chinn\" title=\"View all posts by Menzie Chinn\" rel=\"author\">Menzie Chinn<\/a><\/span><\/span>.\t\t\t\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2025\/06\/in-case-you-thought-policy-uncertainty-had-declined\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Remember, we\u2019ve got tariff *pauses* (pl.), OBBB, debt ceiling limit, etc. Do you expect the folks in the present administration to have a handle<\/p>\n","protected":false},"author":1,"featured_media":278017,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/278016"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=278016"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/278016\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/278017"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=278016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=278016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=278016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}