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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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Russia's Role in Stalling Peace Efforts in Ukraine

European foreign ministers convened at a NATO meeting in Brussels, collectively accusing Russia of obstructing U.S.-led peace initiatives aimed at resolving the ongoing conflict in Ukraine. The ministers urged the Trump administration to adopt a firmer stance against Moscow, citing concerns over Russian President Vladimir Putin's commitment to peace.

Despite U.S. President Donald Trump's promise to bring a swift end to the three-year war, recent developments have cast doubt on Putin's intentions. Moscow rejected a U.S. proposal for a 30-day ceasefire in March, even as Ukraine expressed willingness to cooperate. Instead, the warring sides agreed to a limited pause in attacks on energy infrastructure, which both parties accused each other of violating.

British Foreign Minister David Lammy criticized Putin for "dragging his feet" and continuing to bombard Ukraine's civilian population and energy supplies. German Foreign Minister Annalena Baerbock described Putin's negotiation efforts as "empty promises," while French Foreign Minister Jean-Noel Barrot called for a definitive response from Moscow to the ceasefire proposal.

Canadian Foreign Minister Melanie Joly suggested imposing a deadline for Russia to respond, emphasizing the urgency of the situation. The ministers' collective stance reflects growing frustration with Russia's perceived lack of commitment to peace and a call for stronger international pressure.

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