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Wall Street Futures Rise as Inflation Cools, Boosting Rate-Cut Hopes

US stock futures climbed Friday morning after the latest Consumer Price Index (CPI) report showed inflation rising at a slightly slower pace than expected. The data offered investors reassurance that price pressures are easing, strengthening expectations for a Federal Reserve rate cut next week. Dow Jones Industrial Average futures gained about 0.5% S&P 500 futures rose 0.7% Nasdaq 100 futures jumped 1% The September CPI report revealed annual inflation at 3% , just below forecasts of 3.1%. On a monthly basis, prices increased 0.3% , a modest slowdown from August. This cooler-than-expected reading comes after a delay caused by the government shutdown, making it the first major economic release in weeks. With nearly all market bets pointing to a Fed rate cut, investors are increasingly optimistic about a softer monetary policy path ahead.
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U.S. Leverages Starlink Access in Critical Minerals Negotiations with Ukraine

In a high-stakes negotiation, U.S. officials have reportedly threatened to cut off Ukraine's access to the Starlink satellite internet system, owned by Elon Musk's SpaceX, if Kyiv does not agree to a deal on critical minerals. Starlink has been a lifeline for Ukraine, providing crucial internet connectivity amid the ongoing conflict with Russia.

The issue was raised during discussions between U.S. and Ukrainian officials after Ukrainian President Volodymyr Zelenskyy rejected an initial proposal from U.S. Treasury Secretary Scott Bessent. The proposal demanded $500 billion in mineral wealth from Ukraine as repayment for wartime aid, without offering specific security guarantees.

During a recent meeting, U.S. Special Envoy to Ukraine Keith Kellogg reiterated the threat of cutting off Starlink access if an agreement on critical minerals was not reached. The potential loss of Starlink would be a significant blow to Ukraine, which relies on the system for military operations and civilian communications.

Despite the pressure, Zelenskyy has remained firm in his stance, rejecting demands that he believes do not adequately protect Ukraine's interests. Negotiations are ongoing, with both sides working towards a potential agreement.




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