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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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Trump Sets Sights on Trade Breakthrough with Xi During Asia Tour

US President Donald Trump attends a bilateral meeting with China's President Xi Jinping during the G20 leaders' summit in Osaka, Japan, on June 29, 2019.

U.S. President Donald Trump has embarked on a high-stakes trip across Asia, with his most closely watched stop set to be a meeting with Chinese President Xi Jinping in South Korea. The visit comes at a critical moment, as both nations grapple with escalating trade tensions and the global economy watches closely for signs of compromise.

Trump’s itinerary includes stops in Malaysia, Japan, and South Korea, marking his longest overseas journey since returning to the White House. At the heart of the trip lies his effort to secure a trade deal with Xi, a move that could ease months of tariff threats and economic uncertainty.

The White House confirmed that Trump and Xi will hold a bilateral meeting on October 30, on the sidelines of a major regional summit. Officials say the talks will focus on tariffs, rare earth export restrictions, and broader economic cooperation.

Analysts note that the outcome of this meeting could either stabilize markets or deepen the rift between the world’s two largest economies. Trump has hinted at the possibility of harsher tariffs if no agreement is reached, while Xi is expected to push back against U.S. demands seen as too restrictive.

As Trump positions himself as a dealmaker on the global stage, the Asia trip represents both an opportunity and a gamble—one that could define the trajectory of U.S.-China relations for years to come.


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