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Good but still will not accept they should be law. Asia is set to follow wall street higher as investors weigh theirdevelopments against cases. The s p climbed for a Third Straight day. Shery lets get you started with breaking news south korea. We are seeing inflation rising faster than expected. Both the month on month and year on year figures now escaping that disinflationary territory. Month on month inflation rising 0. 2 and 18 expectations. The expectation was for no change, also coming out of three months of decelerating prices. When it comes to the year on your numbers, the inflation remaining flat. The expectation was for prices to contract, and its also coming after falling into disinflation for the First Time Since september. Core prices your near rising 0. 6 , which is a faster gain than was expected as well. We have seen a little bit more demand coming from chin ....
Timeline solidified for putting the max back into air, and get everything going again. Guy why now . Why not later, and why not earlier . George this is sort of the season where you see some of these changes happen. It seems like it was a little earlier than we thought it would happen. I personally think the faa timeline we got a couple weeks the pushing things into earliest midfebruary to get the max back into fleet, i think that had something to do with it. I think the star liner might have accelerated some of this. I think the star liner makes boeing look bad. It makes it look like things arent getting executed correctly at the company. Maybe that accelerated the change. Guy does this excel or at the process of getting the 737 max back into the air, though . George i dont think it shortens it at all. The risk we had is without boeing working for the faa, you extended that timeline, and i think they dont want to extend that timeline. To have a new face in the ceos chair and approache ....
What is happening with the group market, down attached today. Big moving natural gas in the big move in natural gas in the u. S. Kuwaitis and thes may be doing a deal that would bring more to the market. Dennis muilenburg has been ousted as ceo of boeing. Chairman dave calhoun will take his place. Lets bring in Bloomberg Aerospace reporter justin backman. What did milind berg do wrong what did Dennis Muilenburg do wrong . Justin i think the issue was after these two fatal crashes from a Public Relations standpoint, the way that the families perceived him, the people in congress, and around the world come of the perception was that boeing was ready to just move along, fix this and move along, and it really took a different touch for the situation. Guy guy in terms of what this means for getting the 737 max back, ....
Communicating well as the year ended. Faarecent surprise is the was not ready to review the boeing until mid february to finish the review. Dennis muilenburg could be back in fleets by year end. This disconnect surprised a lot of people. That was the beginning of the end for denniss career at boeing. Kevin in terms of the shareholder response and the washington response, how have people been reacting to the news . George we have seen shares up. Was about this act trying to keep any further slippage in the timeline, trying to keep the max in front of the faa and reviewed and cooperated and looking like youre cooperated with the faa. I do not think it accelerates anything. I want to follow up. What is interesting is this is a company that is known for its checklist. For pilots talking to engineers, we have a great story in Bloomberg Businessweek on this and how there was a breakdown. What needs to change. Is it a big change ....