U.S. Economic News
February 13, 2019
U.S. Economic Indicators
Consumer prices were unchanged in January (up 1.6% on the year). The “core” CPI, which excludes food and energy, increased 0.2% in January and is up 2.2% on the year. BLS Report
U.S. News
The Financial Time reports that the number of U.S. borrowers more than 90 days delinquent on their auto loans rose to the highest level on record in late 2018. While the share of borrowers more than 90 days delinquent remains below peaks seen during the Great Recession, economists say this is a worrying development given the healthy labor market and relatively strong wage growth. FT
According to the Wall Street Journal, President Trump is expected to sign the bipartisan border-security deal lawmakers agreed to this week. Although administration officials have cautioned that no final decision has been made, many expect that the President will take the opportunity to avoid another government shutdown. WSJ