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Good morning from the Financial Times.

Today is Thursday, February 17th, and this is your FT News Briefing.

A ruling by Europe's top court paved the way for Brussels to withhold funds from member states

who violate the EU rule of law, plus one of the biggest private equity groups bought a company

with a popular home finance model called Rent-by.

We'll look at how it works and whether it works for aspiring homeowners.

One thing that people said was, you know, this was really cool.

I got to pick out any house as if I was going to buy it, but some people really struggle

to navigate this path to homeownership.

But first, we'll tell you about the markets.

I'm Mark Filipino, and here's the news you need to start your day.

U.S. stocks limped through the day yesterday, but then edged into the black

after the Federal Reserve released the minutes from its January meeting.

The minutes confirmed that the U.S. Central Bank is set to raise interest rates next

a month, and that it's open to more tightening if inflation doesn't calm down.

Here's our U.S. economics editor, Colby Smith.

Neither of these two points, you know, really present anything demonstrably new.

In terms of what we already learned from the January meeting,

but it is confirmation that they are seeking to kind of maintain as much flexibility as possible here.

Colby, what was the reaction in the Treasury market?

...