US stock futures climb before Fed rate decision
A news report stated that U.S. stock futures experienced a slight increase ahead of the Federal Reserve's decision regarding interest rate hikes, with a 92.7% expectation of a 25-basis-point increase at the meeting. These developments come as the annual inflation rate decreased to 3.4% in August, while energy and diesel prices continue to rise, adding pressure on the U.S. economy. This situation bolsters expectations of interest rate hikes in the coming months to curb inflation, despite political pressures to tighten monetary policies.
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