Soft CPI Data and Iran Talks Provide Market Calm
U.S. January CPI cooled to 2.4% YoY (core 2.5%), fueling hopes for slower rate hikes, while markets were mixed as AI-related fears linger. Investors also saw easing signals in U.S.–Iran tensions with resumed talks, alongside Japan’s modest Q4 growth miss. Other highlights include potential data-center cost internalization, Epstein fallout driving resignations, and Warner Bros. weighing renewed sale talks with Paramount; consumer-staples rally as investors rotate away from tech.