Stock Futures Drop as Traders Rethink Fed Rate Cut Outlook
• Stock futures falling as traders question outlook for Fed rate cuts • Inflation data last week showed prices rising more than expected in November • Fed Governor Christopher Waller, who floated possibility of rate cuts, speaking today • Gains at end of 2022 based on hopes of Fed starting to cut rates as early as March • Comments from Fed speakers this week could shift rate cut outlook, impact markets