The latest Consumer Price Index (CPI) data will be released on Wednesday. Core CPI is expected to increase 3.6% year over year. Car insurance, rent, and healthcare are the categories within the index that are expected to lead the easing of price pressures for this latest reading.

Yahoo Finance anchors Seana Smith and Myles Udland explain what to expect from this latest reading, how it will impact the Fed and consumers, and more.

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This post was written by Nicholas Jacobino