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Traders work on the floor of the New York Stock Exchange
Traders work on the floor of the New York Stock Exchange.
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A man holds up dollar bills in a money exchange office in Istanbul, Turkey.
A man holds up dollar bills in a money exchange office in Istanbul, Turkey.
Tech Insider : Economy
larry summers
Former Harvard University President Lawrence H. Summers attends a session at the World Economic Forum (WEF) in Davos January 26, 2008.
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janet yellen
Janet Yellen, vice chair of the Board of Governors of the U.S. Federal Reserve System
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Hello! I'm Phil Rosen, reporting from New York City. 

Expect to see the market move today in response to the Fed's preferred inflation gauge, Personal Consumption Expenditures, which will be released at 8:30am. 

Economists surveyed by Bloomberg expect to see a rise of 0.5% in January from the prior month, which would be the biggest leap since the middle of last year.