Wall Street Set for Lower Open as Rate Cut Optimism Wanes

Markets turn cautious ahead of inflation data, Fed rate cut expectations soften.

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Wall Street Set for Lower Open as Rate Cut Optimism Wanes

U.S. equity futures slipped early Thursday as investors recalibrated expectations for future rate cuts. The upcoming PCE inflation report is especially in focus, with markets wondering if the Fed will delay easing. Earlier comments from central bank officials warning of overvalued asset prices have added caution.
Companies:
  • Intel
  • Oracle
Tags:
  • Wall Street
  • rate cuts