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Wall St Futures Slip Ahead Of Inflation Data

U.S. stock index futures edged lower on Thursday ahead of monthly producer prices data that could offer clues on how long the Federal Reserve will have to keep raising interest rates to tame stubbornly high inflation. Producer prices are expected to have climbed by 0.4% in January, on a month-on-month basis, according to a Reuters poll of economists, following a 0.4% fall in the previous month. However, the numbers are expected to have cooled to 5.4% on an annual basis, after a 6.2% increase in December. After a torrid 2022, the main stock indexes have climbed this year on the […]

The post Wall St Futures Slip Ahead Of Inflation Data appeared first on Vladimir Ribakov.



This post first appeared on Professional Forex Trader And Mentor, please read the originial post: here

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Wall St Futures Slip Ahead Of Inflation Data

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