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Barchart
Oleksandr Pylypenko

Stock Futures Ignore Higher-Than-Expected US Inflation Report

United States Inflation US Federal Reserve BOJ United Kingdom IGT Japan Moody Nvidia

March S&P 500 E-Mini futures (ESH24) are trending up +0.42% this morning after the all-important U.S. consumer inflation report was released.

The Labor Department’s Bureau of Labor Statistics just released February's consumer price index (CPI) data which showed a monthly increase of 0.4% and 3.2% from one year ago. The monthly increase came in line with expectations but the yearly increase was slightly ahead of the 3.1% forecast. 

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