Metals on his outlook on what is turning into a very interesting commodity space. So far this morning, weve seen all three major indexes in the green. Staging a bit of a rebound from earlier when all three were in the red. When we started the show last hour so, you know, some kind of mixed commentary today the overbought theme is still out there. Youve got some concerns about china and potential contagion risks over there now some additional headlines. The tenyear back to 4. 2 and breaking news out of the fed lets get to steve liesman. Good morning, carl. New york fed Household Expectation showing oneyear expectations falling from 3. 5 to 3. 8 . A fairly large decline in inflation among the population oneyear Inflation Expectations are at their lowest level since april 2021 this follows a similar decline from michigan. Oneyear expectations are down 3. 3 Percentage Points from 6. 8 in june 2022 theyve come a long way in a year threeyear down to 2. 9 but it has been there in the past and
The president of the United States accompanied by the ceo. [applause] everyone, it is a complete honor to be here today. In the last year, the Inflation Reduction Act has been transformative. I get to see it every day as the ceo of an Energy Company focused, purposebuilt to electrify and decarbonized the world. It is a start. I want to say simply and clearly that the Inflation Reduction Act is working to drive action on climate change, energy security, manufacturing jobs, and american competitiveness. [applause] we are accelerating our investments every day in breakthrough technologies, adding new factories, creating new jobs. If i can give two examples, with its size and legacy, we have invested 50 million this year, 200 new union jobs, to create the first six megawatt wind turbine in the u. S. Pensacola, florida, a place that we rely on heavily, our Navy Veterans growing that business, expanding our pensacola florida facility. As exciting as these things are the best is yet to come.
Our headline event with Jennifer Granholm. We are happy to accept your questions and i will ask as many as time permits. Said to semitic westin online, email headliners atpress. Org and put energy in the subject line. For our cspan and public radio audiences, be aware that in the audience today are members of the general public. Any applause you hear is not necessarily from the working press. Three years ago this week, Jennifer Granholm was sworn in as the 16th secretary of energy to lead the Biden Administrations efforts to move the United States toward a Clean Energy Transition that can achieve net zero Carbon Emissions by 2050. While there has been successes, there have been challenges. Secretary granholm helped the Administration Push policies to develop a new generation of technologies for hydrogen, batteries, fusion energy, Energy Storage and grid reliability. Yet she has faced difficulties. Theres been controversy over how the department of energy will handle critical mineral co
Our headline event with Jennifer Granholm. We are happy to accept your questions and i will ask as many as time permits. Said to semitic westin online, email headliners atpress. Org and put energy in the subject line. For our cspan and public radio audiences, be aware that in the audience today are members of the general public. Any applause you hear is not necessarily from the working press. Three years ago this week, Jennifer Granholm was sworn in as the 16th secretary of energy to lead the Biden Administrations efforts to move the United States toward a Clean Energy Transition that can achieve net zero Carbon Emissions by 2050. While there has been successes, there have been challenges. Secretary granholm helped the Administration Push policies to develop a new generation of technologies for hydrogen, batteries, fusion energy, Energy Storage and grid reliability. Yet she has faced difficulties. Theres been controversy over how the department of energy will handle critical mineral co
Our headline event with Jennifer Granholm. We are happy to accept your questions and i will ask as many as time permits. Said to semitic westin online, email headliners atpress. Org and put energy in the subject line. For our cspan and public radio audiences, be aware that in the audience today are members of the general public. Any applause you hear is not necessarily from the working press. Three years ago this week, Jennifer Granholm was sworn in as the 16th secretary of energy to lead the Biden Administrations efforts to move the United States toward a Clean Energy Transition that can achieve net zero Carbon Emissions by 2050. While there has been successes, there have been challenges. Secretary granholm helped the Administration Push policies to develop a new generation of technologies for hydrogen, batteries, fusion energy, Energy Storage and grid reliability. Yet she has faced difficulties. Theres been controversy over how the department of energy will handle critical mineral co