ECB August survey: 5-year inflation expectations rise to 2.5%
In the ECB August consumer survey, 5-year-ahead inflation expectations are 2.5% versus 2.4% in July.
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U.S. futures rise before August CPI report
U.S. stock futures were modestly higher early Friday as investors awaited August consumer price inflation data. The body also cited elevated Brent and WTI crude prices, the ECB’s 25-basis-point rate hike and several earnings reports later in the day.