Yet another data point this week that the fight against inflation is not over.

From Marketplace, I'm Sabrie Beneshore, in for David Brancaccio.

Wholesale prices increased more than expected in January.

The producer price index went up three-tenths of a percent.

It was expected to be up just one-tenth.

That number is coming on the heels of another, the Consumer Price Index, which showed inflation at the retail level, was also higher than expected.

Federal Reserve officials have tried to be reassuring in different ways this week.

Christopher Lowe is chief economist at FHN Financial in New York.

We've heard from Austin Goolsby who's the president of the Chicago Fed saying even with some setbacks inflation is coming down I think

that's right we are still making progress and it's never a straight line but at

the same time Raphael Postostick he's the president of the

Atlanta Fed saying there's no emergency economic growth is strong the job

market is strong so the job market is strong. So the Fed can be patient, wait and

see, and be certain inflation is coming down quickly enough. You know, if you think

about it, they're both absolutely right

That's Christopher Lowe with FHN financial in New York

Ever since the Supreme Court shot down President Biden's sweeping attempt to forgive student loan debt,

his administration has been looking for alternate ways to ease people's student loan

burdens.

We now have more details on who might be eligible for the administration's second attempt.

Marketplace's Samantha Fields has more.

After the Supreme Court struck down, President Biden's attempt to forgive $10,000 to $20,000 in

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