Stock futures are flat after soft inflation reading lifts market: Live updates

Market futures stayed level Tuesday following a surprisingly mild inflation report that gave investors optimism that the Federal Reserve might not have to hike interest rates as much as initially feared. This news fueled a surge in stock prices, suggesting that economic pressures may not be as severe as previously thought. The implications are significant as lower interest rates typically support borrowing and spending, which could bolster economic growth in the long run. Investors are now watching closely to see how this shifts the Fed's monetary policy strategy.