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CNBC Daily Open: U.S. inflation rose more than expected. But stocks held steady

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A hotter-than-expected CPI reading for January caused U.S. Treasury yields to increase. But stocks were remarkably resilient.

January's hotter-than-expected CPI report cast a shadow over U.S. markets yesterday.

Is the disinflationary process — in the words of Federal Reserve Chair Jerome Powell — still in play in the U.S.? January's core CPI of 5.6% is a tiny notch lower than December's 5.7%, which means that prices are still tapering off. But just barely.

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Lying Joe said inflation went down

Rich ppl dgaf about inflation

Thanks to the Big Guy

Biden inflation is not going to go away until we fix our energy policy and get away from going green. But they don’t care about the average family trying to feed a family.

Food prices went up 10 percent but the economy is doing just fine, lol

Inflation went down (slightly). The headline is misleading.

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