Futures flat in lead up to inflation data

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U.S. stock index futures were flat as investors await the release of the U.S. Consumer Price Index (CPI) for March. The CPI is expected to show a rise in headline inflation to 3.4% year-on-year, with the core figure expected to ease to 3.7% year-on-year. Investors have been scaling back expectations of how much the Federal Reserve will cut interest rates this year. Traders see a nearly 51% chance of at least a 25 basis point cut in June. Minutes from the Fed's March meeting and the first-quarter earnings season are also on the radar.

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https://ca.news.yahoo.com/futures-flat-lead-inflation-data-100950201.html