Consumer prices rose more than expected in January, according to the US Bureau of Labor Statistics’ Consumer Price Index (CPI) launched forward of the market open. Concurrently, Federal Reserve Chair Jerome Powell continues in his second day of testimonies before US lawmakers.
Yahoo Finance Markets Reporter Josh Schafer sits down with Morning Transient Co-Hosts Brad Smith and Seana Smith to debate what to look at throughout Powell’s second day on Capitol Hill and the market response (ES=F, NQ=F, YM=F) to the newest inflation print.
To observe extra skilled insights and evaluation on the newest market motion, take a look at extra Morning Transient here.
This publish was written by Naomi Buchanan.
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