P.M. Edition for Feb. 11. Federal Reserve Chair Jerome Powell was in front of Congress today outlining a path for 2025, the day before the release of important inflation data. WSJ economics reporter Matt Grossman explains what the data could mean for the Fed. Plus, Israeli Prime Minister Benjamin Netanyahu warns that Hamas must release hostages by noon Saturday, or face a return to war. And, experts want more people to know about the risk between alcohol and cancer. WSJ Your Health columnist Sumathi Reddy tells us what to know. Alex Ossola hosts.

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Correction: The Federal Reserve's preferred metric for inflation is the personal-consumption expenditures price index, or PCE. An earlier version of this podcast incorrectly said it was the consumer-price index, or CPI. (Corrected on Feb. 12)

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