Key Fed Inflation Data Hot As Oil Prices Torch Rate-Cut Hopes; S&P 500 Futures Rise (Live Coverage)

Core Viewpoint - Inflation has shown persistence even prior to the onset of the Iran war, indicating underlying economic pressures that may affect various sectors and investment strategies [1] Group 1 - The inflationary trends were already evident before the conflict in Iran, suggesting that geopolitical events may exacerbate existing economic conditions [1]