Futures hold losses after inflation data By Reuters

(Reuters) - U.S. stock index futures held losses on Forex trading platform appFriday after a keenly watch inflation gauge rose largely in-line with expectations, prompting investors to stick to their bets of the Federal Reserve hiking interest rates again next week.

Personal consumption expenditure index, the Fed's preferred inflation gauge, rose to 4.2% in March on a year-over-year basis from a 5% rise in the previous month.

However, the core rate, excluding prices of volatile items such as food and energy, remained unchanged at 4.6%, versus economists' projections of a 4.5% rise.

At 8:38 a.m. ET, were down 130 points, or 0.38%, were down 13 points, or 0.31%, and were down 26.5 points, or 0.2%.

Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!