Aug 13, 10:14 PM

U.S. Stock Futures Flat Amid July Inflation Data, 96% Rate Cut Odds, Falling Yields and Higher Wholesale Inflation

U.S. stock futures experienced modest gains earlier in the week ahead of key inflation data releases, with investors anticipating the impact on Federal Reserve policy. Early reports indicated a 96% probability of a rate cut following July's softer-than-expected headline inflation figures. However, by Thursday, futures flattened as markets awaited further inflation data, including the Producer Price Index (PPI) report. Treasury yields declined amid this cautious sentiment. Later on Thursday, U.S. stocks opened lower, influenced by wholesale inflation data that exceeded expectations, increasing uncertainty about the Federal Reserve's next moves.

#Federal Reserve #Producer Price Index

Written with ChatGPT (GPT-4).

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Bloomberg Línea@BloombergLinea_
1 year ago
Las acciones estadounidenses comenzaron la jornada del jueves con retrocesos moderados, arrastradas por un dato de inflación mayorista que superó las expectativas y reforzó la incertidumbre en torno a los próximos pasos de la Reserva Federal. https://t.co/fIDSMOJHVQ https://t.co/HQkcXu6qXM
Yahoo Finance@YahooFinance
1 year ago
US stock futures hovered around the flatline on Thursday as Wall Street awaited another pulse check on inflation after Tuesday's tepid figures sent rate-cut bets and markets soaring. https://t.co/VelIxjmAJv
zerohedge@zerohedge
1 year ago
Futures Flat, Global Stock Rally Fizzles Ahead Of PPI Report https://t.co/M4CQeSSSOk

U.S. Stock Futures Flat Amid July Inflation Data, 96% Rate Cut Odds, Falling Yields and Higher Wholesale Inflation

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