(Bloomberg) -- U.S. stock-index futures rose after
consumer prices excluding food and energy fell in May, easing
inflation concern.
The 0.1 percent advance in the Labor Department's so-called
core consumer price index was half what economists forecast in a
Bloomberg survey. The slower growth in prices may diminish the
Federal Reserve's reluctance to lower interest rates. Fed
officials have said inflation is their ``predominant concern.''
Read more at Bloomberg Stocks News
consumer prices excluding food and energy fell in May, easing
inflation concern.
The 0.1 percent advance in the Labor Department's so-called
core consumer price index was half what economists forecast in a
Bloomberg survey. The slower growth in prices may diminish the
Federal Reserve's reluctance to lower interest rates. Fed
officials have said inflation is their ``predominant concern.''
Read more at Bloomberg Stocks News
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