Wall Street quiet ahead of another inflation report

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Jun 17, 2007
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BEIJING — Trading was muted on Wall Street early Thursday, one day after a report showed that inflation in the U.S. eased and Federal Reserve officials said they expect fewer interest rate hikes this year. Futures for the Dow were mostly unchanged and futures for the S&P 500 inched up 0.1% before the bell Thursday. Government data Wednesday showed U.S. inflation declined to 5% in March from the previous month's 6%. That encouraged traders who hope signs of weaker economic growth might prompt the
 
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