Key facts
- S&P 500 futures are trading higher.
- Investors are awaiting US inflation data.
- The CPI report is expected to influence Federal Reserve policy.
Ahead of crucial US inflation data, S&P 500 futures showed a modest increase. The upcoming Consumer Price Index (CPI) report is a significant economic indicator that will likely shape the Federal Reserve's monetary policy decisions. Investors are keenly observing these figures for insights into inflationary pressures and their potential impact on interest rates and the broader market.