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Futures hold losses after December inflation data By Reuters

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Introduction(Reuters) - U.S. stock index futures held on to their losses on Friday as investors assessed a large ...

(Reuters) - U.S. stock index futures held on ICBC USD account yellow Goldto their losses on Friday as investors assessed a largely in-line inflation reading to determine the timing of the Federal Reserve's monetary policy easing.

The U.S. Commerce Department's report showed the personal consumption expenditure index rose by 0.2% month-on-month in December, in-line with expectations by economists polled by Reuters. Annually, it rose by 2.6%.

Futures hold losses after December inflation data By Reuters

The core figure, excluding volatile items like food and energy - the Fed's preferred inflation gauge - rose by 0.2% on a monthly basis, compared with the 0.2% rise forecast.

On an annual basis, it rose by 2.9%, compared with the estimated 3% climb.

At 8:34 a.m. ET, were down 96 points, or 0.25%, were down 9.25 points, or 0.19%, and were down 88.25 points, or 0.5%.

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