Friday's News Links

[CNBC] S&P 500 is little changed after index ends four-day losing run: Live updates 

[Yahoo/Bloomberg] Yen Weakens Despite BOJ Hiking Rate to Highest Level Since 1995

[Yahoo/Bloomberg] Oil Heads for Second Weekly Decline as Glut Concerns Dominate

[CNBC] NY Fed President Williams says some ‘technical factors’ distorted November’s CPI reading downward

[CNBC] Trust these numbers? Economists see a lot of flaws in delayed CPI report showing downward inflation

[CNN] The big wrinkle in the multitrillion-dollar AI buildout

[Yahoo/Reuters] Pulte and other Trump loyalists at mortgage regulator clash with Fannie and Freddie staffers

[CNBC] Bank of Japan raises benchmark rates to highest in 30 years, lifting 10-year JGB yield past 2%

[Yahoo/Reuters] Big central banks signal rate-cut cycle is ending

[AP] Trump’s blockade of sanctioned Venezuelan oil raises new questions about legality

[AP] Putin tells his annual news conference that the Kremlin’s military goals will be achieved in Ukraine

[Bloomberg] Bank of Japan Hikes Benchmark Rate to Highest Level Since 1995

[Bloomberg] Citadel Heads for Lowest Gain Since 2018 as Gas Profits Fall

[Bloomberg] France Is in Danger if 2026 Deficit Not Contained, Villeroy Says

[Bloomberg] NATO Lacks Resilience to Fight a Long War, Naval Chief Warns

[Bloomberg] Ukraine Hits Shadow Fleet Tanker in Mediterranean for First Time

[Bloomberg] China Points to Risk of Clash With US After Taiwan Arms Package

[NYT] ‘A Singularly Turbulent Time’: Deeper Uncertainty in Store for Global Economy

[NYT] Japan Raises Interest Rates to Highest Level in 30 Years

[WSJ] Congress Punts Fight Over ACA Subsidies Into January, Leaving Consumers in Limbo

[FT] Japan raises interest rates to highest level in 30 years

[FT] Inflation risk is still under-appreciated by investors

[FT] ECB warns banks against excessive use of risk-transfer deals

[FT] France will not agree budget by year-end, says prime minister

[FT] Putin claims Ukraine is ‘on the retreat’