The U.S. consumer price index increased more than expected in January, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates amid growing uncertainty over the economy.

It's less than half an hour to the January consumer-price-index reading, and investors should be aware of the data's tendency to run a little hotter than expected as the new year gets under way. The consumer-price index and its more closely followed core reading,

Today’s stronger than expected CPI release is likely to further cement the FOMC’s cautious approach to easing. A resilient labor market also provides scope for patience. We