February 14 (Tuesday)
Latest Morning Briefing Executive Summary: Guides to Inflation & the Economy
How investors interpret this morning’s CPI release for January could move the markets; but assessing what the data say about inflation’s stickiness may be tricky given BLS’s new CPI calculation methodology. All eyes will be on services inflation in particular since it hasn’t yet peaked, buoyed by wage inflation. … The long-running hard-vs-soft-landing economic debate now includes a no-landing prospect, which itself has two scenarios—an inflationary version (possibly the long route to a hard landing?) and a disinflationary one. The latter would be ideal, and we think it’s possible. … Also: The economies of Europe and China both dodged bullets this winter, to widespread surprise.
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YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on February 13.
Markets
Investors Pour Into Chinese Stock Funds in Reopening Bet | W
Central banks
Fed officials keep options open on peak interest rate | R
ECB Could Raise Rates Above 3.5%, Hold Them There, Official Says | W
Kazuo Ueda, Tapped as Bank of Japan Chief, Is Seen as Pragmatic Insider | W
US
Inflation Proves Stubborn in January | W
Inflation Report Keeps Fed on Track to Continue Rate Increases | W
Annual Inflation Cooled Slightly in January as Pace of Moderation Levels Off | W
Rents push up U.S. consumer prices; inflation gradually cooling | R
Here’s the breakdown of the inflation report for January — in one chart | C
How Nikki Haley Went From Tea-Party Favorite to Governor to Trump 2024 Challenger | W
Nikki Haley takes on Donald Trump for 2024 U.S. Republican nomination | R
Why Republican hardliners can afford to say no to U.S. debt ceiling increase | R
Biden Reshapes Economic Team Ahead of Debt-Ceiling Fight, Re-Election Campaign | W
Flying objects
Pentagon’s Unidentified-Object Office Is Underfunded, Senators Say | W
Chinese Balloon and Mystery Objects Raise Question of Who Controls ‘Near Space’ | W
US, China spy balloon drama is drifting into supply chain politics | C
Geopolitics & trade
TikTok’s Talks With U.S. Have an Unofficial Player: China | W
Industries & companies
Aerospace: Air India seals record order for almost 500 Airbus, Boeing jets | R
Airlines: Why Planes Were Grounded for the First Time Since 9/11 | W
Autos: Ford halts F-150 Lightning production due to possible battery issue | C
