U.S. stock index futures were slightly higher Wednesday morning, as market participants await inflation data and minutes from the Federal Reserve's latest meeting.
The Federal Reserve will release the minutes of its March monetary policy meeting later in the session. Last month, the U.S. central bank decided to maintain interest rates and hold off an any further increases this year. The fund said it expects the world economy to grow by 3.3% this year. That's down from its previous outlook of 3.5%, which was also a downgrade.
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