U.S. Markets close in 1 hr 51 mins

Inflation heats up as consumer prices accelerate

Rising gas and rents pushed consumer prices up 0.4% last month. That's the highest level in seven months. Yahoo Finance's Alexis Christoforous, Andy Serwer and Randy Frederick, Vice President of Trading & Derivatives at Charles Schwab discuss whether this increases the odd of another rate hike by the Fed this year.