S&P 500 futures gave up gains after the CPI release.

Morgan Stanley CEO says AI-driven trading is critical for banks.

The IMF said US economic growth alone is insufficient to quickly address rising government debt and fiscal deficits and that additional measures are required to improve the fiscal position. IMF Managing Director GEORGIEVA told the IMF-WBG annual meetings in Bangkok that the US government is very reliant on strong growth, but while higher growth helps, it cannot deliver fiscal adjustment quickly enough to offset high deficits, rising interest costs and expanding debt.