US Stock Futures Decline After April Inflation Data

US stock futures fell on Tuesday after April inflation data came in slightly higher than expected. The annual Consumer Price Index rose 3.8% against estimates.

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United States stock futures fell on May 12 after April inflation data exceeded analyst estimates. The Consumer Price Index rose 3.8% annually, surpassing the 3.7% forecast. Higher-than-expected inflation complicates the Federal Reserve's path toward interest rate cuts.

Inflation Beats Estimates Across Core Metrics

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