Stock futures trade flat after January inflation shows 6.4% annual increase

Nada Eissa, former Deputy Assistant Treasury Secretary under George W Bush and associate professor at Georgetown University, and Jason Furman, Harvard Professor and former Chairman of The White House Council of Economic Advisers under President Obama, join ‘Squawk Box’ to discuss economic conditions impacting CPI, potential Fed response to the CPI numbers, and Fed and market outlooks aligning.