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Wall Street Futures Rise Ahead of Inflation Report and Fed Focus

Fortune

Stock futures rose as investors awaited the latest CPI inflation report, with economists forecasting a slight slowdown to 3.4% as the Federal Reserve monitors surging costs.

  • Economists expect CPI inflation to slow to 3.4% from June's 3.5%.
  • Strong quarterly results boosted Super Micro and other AI data-center suppliers.
Part of the storyline: Will the Fed raise rates again?

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