Yahoo Finance

Consumer prices rose more than expected in January, according to the US Bureau of Labor Statistics' Consumer Price Index (CPI) released ahead of the market open. Simultaneously, 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 Brief Co-Hosts Brad Smith and Seana Smith to discuss what to watch during Powell's second day on Capitol Hill and the market reaction (ES=F, NQ=F, YM=F) to the latest inflation print.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Naomi Buchanan.