I'm John Ford you're listening to CNVC's Tech Check our show is live weekdays at 11 a.m. Eastern listen in

After Tuesday welcome to Tech Check I'm John Ford along with Kalkitania and

Dio Dravosa.

Ahead, inflation's sticky and that means the Fed probably keeps working to bring it down.

We're going to look at what that means for the markets and the high beta plays,

plus checking in on the semi. We're going to speak with the CEO of

Global Foundries as that stock rallies more than 6% on the back of strong

results and coin base up nearly 2% looking to break its 8 day losing streak saw the stock fall more than 18%

is this a sign that the sell-off was overdone?

Carl.

John, let's begin with this morning's inflation number,

CPI relatively in line, a half a percent in January, up six, four year on year.

Shelter and Energy, some of the top contributors to the upside.

Let's bring in C.M.C. Senior Economics reporter, Steve Leisman,

our senior markets commentator Mike Santoli as well.

Steve, we want to get to you first because I think you're also

watching some Dallas Fed.

Yeah, Lori Logan, the New Dallas Fed president, making some comments and she's talking kind of tough here, Carl.

She says that she's concerned about a costly price spiral.

It's a reason for the Fed to do more rather than less anticipates the need to keep gradually raising the funds rate and she says before she's going to stop conditions need to be sufficiently restrictive

But to restore price stability in the Fed's 2% goal.

Finally, she says the Fed has to be prepared to continue increasing rates for longer than previously

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