Well, the news is in, and it’s not as good as had been hoped. The inflation numbers for January showed a 0.5% month-over-month increase, and an annualized rate of 6.4%. Both numbers are higher than expectations – analysts had been looking for a 0.4% monthly rate, and a 6.2% year-over-year rate. So, what are the implications? The Federal Reserve will most likely stick to its guns on interest rate hikes, the central bank’s primary tool to combat inflation. It’s likely that the Fed will raise rates