Keep pulling the thread on Skanda Amarnath.
Associates of the Trump administration are advocating for a 50 basis point interest rate cut by the Federal Reserve in September.
Following the July CPI and PPI reports, core PCE inflation is projected to be running at approximately 2.9%.
The Federal Reserve is currently inclined to cut interest rates in September based on recent labor market data.
The rising electricity demand from data centers is expected to create a "super cycle" dynamic that will increase costs and affect investment decisions in the coming years.
Despite financial markets pricing in substantial rate cuts over the next 12 months, the 10-year U.S. Treasury yield has remained relatively high at around 4.2% to 4.3%.
The unofficial theme of the upcoming Jackson Hole economic symposium is expected to be the independence of the Federal Reserve.
San Francisco Fed President Mary Daly does not believe that recent tariffs will be inflationary on a sustained basis.
The U.S. federal deficit for July was 10% higher than the previous year.
Job growth has recently shown weakness in trade-sensitive sectors including construction, manufacturing, retail trade, wholesale trade, and warehousing.
Electricity prices are rising in several U.S. regions due to capacity shortages caused by the retirement of thermal generation sources like coal and nuclear plants.
The PJM Interconnection (mid-Atlantic), Georgia, and New England are experiencing electricity grid capacity challenges.
New England's electricity market faces challenges because it relies heavily on natural gas for generation but lacks sufficient pipeline capacity.