U.S. stock futures are edging higher Monday to start a busy week full of inflation data, which investors will scrutinize amid shifting expectations over when and by how much the Federal Reserve may cut interest rates this year.
Color will be added to the rate-cut narrative in the coming days with closely watched inflation data releases, including the producer-price index (PPI) and consumer-price index (CPI), both of which could advance or disrupt current rate cut expectations.
Investors also have a busy week of central bank speakers, with Fed Chair Jerome Powell delivering remarks on Tuesday and a spate of other officials on tap. Their remarks, like inflation data, will be in the spotlight for clues about Fed policy and whether the current market pricing of a first rate cut by September is accurate.
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The company, which listed in New York last year but is still controlled by Japan’s Softbank, is setting up an AI division and will have a prototype in the spring of next year, Japan’s Nikkei news agency reported.
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