US Stock Futures Steady After Inflation Matches Forecasts
US futures stayed steady as February PCE inflation rose 2.8 percent in line with forecasts. Fourth-quarter economic growth reached 0.5 percent on Thursday.
Xurve View
Xurve View
Stock index futures in the United States were little changed on Thursday as investors processed an inflation reading that aligned with forecasts. The Commerce Department reported that the Personal Consumption Expenditure (PCE) index—the Federal Reserve's preferred measure of inflation—increased 2.8% on an annual basis in February, meeting the expectations of economists polled by Reuters.
