NasdaqGS:AMSCElectrical
American Superconductor (AMSC) Is Up 15.2% After Cooling Inflation Lifts Odds of Fed Rate Cut
An unexpected drop in the US Producer Price Index for August signaled cooling inflation and sharply lifted expectations for a Federal Reserve interest rate cut, with markets now pricing in a 90% chance of a quarter-point reduction at the next meeting.
This shift in monetary policy outlook tends to support the industrial sector, as reduced borrowing costs can stimulate project development and greater demand for companies providing power resiliency solutions.
We'll examine how the increased...