• US Inflation Stays Elevated, Adding Pressure for More Fed Hikes. US inflation continues to surge, putting pressure on the Federal Reserve to raise interest rates. The consumer price index climbed 0.5% in January, driven by higher energy and shelter costs, and was up 6.4% from the previous year. This development could mean even more interest rate hikes* than previously anticipated.
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  • Burger King Parent Co Posts Strong Fourth Quarter. Restaurant Brands International, the owner of Burger King, has reported impressive Q4 results, buoyed by rising demand for affordable fast food despite rising costs and foreign exchange headwinds. The company has also announced that Joshua Kobza will take over as CEO from JosĂ© Cil, effective March 1.

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