Express Gazette
Est. 2024 • Syndicated Intelligence

Interest Rates Hold Firm; Inflation Proves Sticky

Central banks signal resistance to aggressive cuts as core inflation data remains 0.4% above projections for the second consecutive quarter.

The Federal Reserve explicitly stated yesterday that benchmark rates will remain at 5.25% through the autumn. Despite widespread market expectations of a summer cut, underlying services inflation stubbornly refuses to yield. Energy prices, volatile over the past 90 days, obscure a structural floor in domestic pricing.

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By the Numbers

  • Current Rate 5.25%
  • Core CPI (MoM) +0.3%
  • Target Rate 2.00%

National Politics

Global Dispatch Read Guide

Trade Tariffs Shift Supply Chains to Southeast Asia

Recent data indicates a 22% increase in manufacturing exports from Vietnam and Indonesia, directly corresponding to new tariff implementations.

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Weekend Essay

The End of the Zero-Interest Tech Era

For fourteen years, free money subsidized unprofitable business models. The reckoning is forcing a return to actual unit economics.

By Thomas Sterling • 14 min read

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The Week in Data

Visualizing the structural shifts.

Tech Sector Layoffs vs. CapEx (2023-24)

Q1

Source: Bureau of Labor Statistics. Capital expenditure shifts heavily toward AI infrastructure.

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Consumer Debt Accumulation

Q1

Source: Federal Reserve. Credit card balances hit all-time nominal highs.

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Demographic Shift: Sunbelt Migration

+1.2M

Net migration to Texas and Florida in 2023. Implications for tax base and electoral college.

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