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Energy Market Commentary: Bob Iaccino, 9/28/23
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video Natural gas continued its ascent today with a rally above yesterday’s high of 2.95. Yesterday, it broke out above the prior swing high at 2.87 and then closed above that ...
The imminent US government shutdown that threatens to delay the publication of key economic data will test policymakers’ and investors’ trust in a range of less-regarded ...
Thank you, Sarah, thank you to those in Fed Education who helped put together this event, and thank you to the teachers here and online who have put aside some of their planning time to listen and, I hope, also participate. If I were doing the grading, credit would always be granted for participation. We have scheduled this discussion with teachers well into the school year, partly to highlight the beginning, on October 1, of Economic Education Month. At the Fed, every month is Economic Education Month, and we are glad to join in the celebration. It is, fortunately, a very different time for teachers than the one we faced in August 2021, the last time we held this discussion with educators. In the crisis of the pandemic, teachers were on the front lines. I know how overwhelming this challenge was for many of you, and the extent of your sacrifice, for which I thank you. And the crisis in many ways continues, as research confirms the educational deficits that students still suffer from the pandemic. In addition to the challenges they face, there are likely to be consequences for the economy and for society, in a generation of young people who may lack some of what they need to be well-informed and engaged participants in our economy and our democracy. Addressing this legacy of the pandemic is a major public policy challenge, so now more than ever, teachers are crucial to America's future. A large majority of you are economic educators, a role that is of particular importance. As many of you know, the Fed's ability to influence the economy depends to some extent on influencing the public's view of current and future economic conditions. When my post: FED CHAIR POWELL DOES NOT COMMENT ON OUTLOOK FOR MONETARY POLICY, ECONOMY IN PREPARED REMARKS TO TEACHERS' TOWN HALL
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Inflation tumbling in Europe (German CPI), the American consumer hitting a wall (PCE), and the US housing market collapsing (pending home sales) were enough to actually - for once ...
Peak oil demand is coming to China; this message has been conveyed repeatedly by forecasters such as Wood Mackenzie and by China’s very own state oil majors. Given China’s current ...
Gas prices historically begin to dip after a demand drop-off tied to summer-time prices — this doesn't seem to be this year's case, unfortunately. Oil refining is "constrained" ...
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- Posted: Sep 28, 2023 5:50pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 197
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