US stock futures flat in holiday-thinned trade; rate cut bets grow

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US stock futures flat in holiday-thinned trade; rate cut bets grow
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US stock futures flat in holiday-thinned trade; rate cut bets grow

Investing.com-- U.S. stock index futures moved little in evening deals on Wednesday with trading volumes set to remain slim due to the Independence Day holiday.

, released on Wednesday, showed that while officials did see that the U.S. economy was cooling, they were still not confident that the central bank should begin trimming interest rates. The minutes came just a day after Fed Chair Jerome Powell flagged some progress in bringing down inflation, but warned that the central bank needed more confidence to begin trimming rates.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

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