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The possibility of issuing himself a pardon. Good morning and welcome to Way Too Early on this friday, september 15th. Im jonathan lemire. Thanks for starting your day with us. And well begin this morning with Tens Of Thousands of United Auto Workers hitting the picket lines. The union officially went on strike against detroits big three auto makers at midnight. Nearly 13,000 members walked out of three plants in missouri, ohio, and in michigan. The strike is against general motors, ford, and stellantis. The union and the companies failed to reach a deal on a new collective Bargaining Agreemen...

The cpi numbers earlier. While the headline cpi did increase, core cpi which excludes volatile inputs such as food and energy is actually higher. Its at 4. 3 . And thats illustrating that underlying inflation seems to be a lot stickier than anticipated, which, as far as fed policy goes, means that rates likely have to continue to stay higher for longer. The Federal Reserve has been keeping rates high, and that is likely to be the strategy we are expecting to see . Exactly, yeah, and there is other tools that potential they could leverage, such as reducing the size of the balance sheet, through...

Demands despite getting the inquiry many of them pushed for. Also ahead what many are learning this morning about russian president Vladimir Putins meeting with north korean dictator kim jongun. All right, good morning. Welcome to Way Too Early on this thursday, september 14th. Im sam stein in for jonathan lemire. We begin this morning with the president s comments on House Republicans Impeachment Inquiry. On tuesday speaker Kevin Mccarthy announced hes directing three committees to conduct the inquiry and claims joe biden used his position as Vice President to further his son hunters foreign ...

Thats the highest since the launch of the euro more than 20 years ago. And its worth putting into context that as recently as last year, eurozone Interest Rates were negative. The reason is that inflation is proving harder than expected to control. For the 20 countries using the euro, inflation was 5. 3 in august thats half the 10. 6 that it was a year ago. But as the ecb says today, it is still expected to remain too high for too long. Earlier we got the view from The Economist katharine neiss, she explained the background to this latest move. The ecb told us today through their actions they ...

Shelter and housing. And particularly you mentioned the cpi numbers earlier. While the headline cpi did increase, core cpi which excludes volatile inputs such as food and energy is actually higher. Its at 4. 3 . And thats illustrating that underlying inflation seems to be a lot stickier than anticipated, which, as far as fed policy goes, means that rates likely have to continue to stay higher for longer. The Federal Reserve has been keeping rates high, and that is likely to be the strategy we are expecting to see . Exactly, yeah, and there is other tools that potential they could leverage, suc...