(Bloomberg) -- U.S. stock-index futures advanced
after a government report showed a measure of inflation matched
forecasts last month.
A gauge of consumer prices excluding food and energy gained
0.1 percent in May, the same as the previous month and
economists' estimates. Federal Reserve policy makers yesterday
said they continue to view inflation as the main threat to the
economy as they held the benchmark lending rate at 5.25 percent
for an eighth meeting.
Read more at Bloomberg Stocks News
after a government report showed a measure of inflation matched
forecasts last month.
A gauge of consumer prices excluding food and energy gained
0.1 percent in May, the same as the previous month and
economists' estimates. Federal Reserve policy makers yesterday
said they continue to view inflation as the main threat to the
economy as they held the benchmark lending rate at 5.25 percent
for an eighth meeting.
Read more at Bloomberg Stocks News
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