Administrative Update

The Digest will not be published next <b>Monday</b> (February 16), in observance of President’s Day.

The United States

1. Headline inflation for January was slightly cooler than consensus, while core inflation was in line with consensus.


• Here is a breakdown of year-over-year inflation by component.


• Supercore inflation stayed flat on a trailing 3-month basis, but jumped back up on a 6-month basis.

2. The CBO updated its long-term debt/GDP forecasts, with the 2055 figure now standing at 172%, up from 156% estimated last year.

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