Fed likely to hike by 100 bps in September -Nomura

In a research note published following a hotter-than-expected U.S. August Consumer Price Index report, the investment bank also said it was raising its forecast for the terminal rate by 50 basis points to 4.50%-4.75% by February 2023. The Federal Reserve will release its policy decision at the close of its two-day meeting next week, on Sept. 20-21.

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  Fed Seen Being Aggressive for Longer After US Inflation Surprise

  Bloomberg
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  US Inflation Tops Forecasts, Cementing Odds of Big Fed Hike

  Bloomberg

‘Get out of these distorted markets’: Mohamed El-Erian just issued a dire warning to stock and bond investors — but also offered 1 shockproof asset for safety

Is this the ultimate safe haven?

Elon Musk Has a Solution for the Energy Grid. And He’s Probably Right.

Climate change and renewable power are in the news with record temperatures and wildfires in California threatening citizens with rolling blackouts.