Ben Emons, Chief Investment Officer/Founder, Fed Watch Advisors, tells James Ross that the market responded appropriately to the US inflation data overnight, and that the way prices are going at the moment suggest the Fed may have to remain on hold for a while. Michael Dyer, Investment Director at M&G Investments, says his expectation is that inflation will remain bumpy around this level and that investors should not get too caught in the swings of individual numbers.