Federal Reserve Bank of Dallas
Coverage of Federal Reserve Bank of Dallas in the Nexus archive.
- Texas oil firms increase production, amidst elevated prices during U.S.-Iran War
Texas oil firms increased production during the second quarter as prices remained elevated amid the U.S.-Iran War. The Federal Reserve Bank of Dallas reported a 'modest' rise in output, while energy executives expressed divided opinions on the sustainability of current prices.
- AI’s productivity gains are years away, but if it doesn’t deliver, it could make unsustainable debt levels even worse, Deutsche Bank economist says
Deutsche Bank economist Jim Reid states AI's productivity gains are years away, with current data showing no significant economic impact. If AI fails to deliver, it could exacerbate global debt issues. Apollo's Torsten Slok warns of potential market repricing if AI investments underperform.
- Lessons learned in ‘70s have made US, world economies less vulnerable to oil shocks
The article discusses how current global oil price surges due to Middle East conflicts are less economically disruptive than in the 1970s, thanks to improved energy efficiency, diversified energy sources, and reduced reliance on Middle Eastern oil. While the Strait of Hormuz disruption impacts 15% of global oil production, historical lessons have mitigated economic fallout compared to past crises.