Waiting On US Inflation Data & 7.4 Million Struggling To Pay Bills

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:
(1) Today's CPI data is unlikely to settle the debate around the timing of Federal Reserve interest-rate cuts, with forecasters expecting some moderation following elevated inflation readings at the start of the year.

(2) Fitch Ratings has revised China's outlook to negative from stable, saying the government is likely to pile on debt as it seeks to pull the economy out of a real estate-driven slowdown. 

(3) Joe Biden says Israeli prime minister Benjamin Netanyahu's approach to the war is a mistake. The US President spoke to Univision in an interview taped last week when an airstrike killed seven aid workers.

(4) Around 7.4 million people in the UK are struggling to pay the bills, underlining the scale of the cost of living crisis even as the total declines from last year's peak, according to the Financial Conduct Authority. 

(5)  Meta is under immense pressure to ensure that social media content created by artificial intelligence doesn't cause havoc with elections this year. The company's top leaders say they haven't seen that happen yet on their services.Christopher Pitt 

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