Futures muted ahead of economic data, Powell speech

(Reuters) - U.S. stock index futures were steady on Thursday as investors awaited a fresh batch of economic data and Federal Reserve Chair Jerome Powell's comments later in the day for clues on the outlook for the economy and monetary policy. The producer price index (PPI) reading for October and weekly jobless claims... read full story

"These numbers (PPI) better reflect corporate pricing power than the consumer price data, the tone should be consistent with a December rate cut,"