Feb 28 (Reuters) - U.S. stock index futures moved higher

on Friday as investors assessed an in-line inflation report to

gauge the trajectory of the Federal Reserve's monetary policy

easing this year.

The Commerce Department's report showed the Personal

Consumption Expenditures Price index rose 2.5% in January on an

annual basis, in line with expectations of a 2.5% increase

according to economists polled by Reuters. On a monthly basis,

the index rose 0.3%, versus estimates of a 0.3% climb.

Excluding volatile items such as food and energy, the

index rose 2.6% on an annual basis in the previous month,

compared with forecasts of a 2.6% increase.

At 8:32 a.m., Dow E-minis were up 228 points, or

0.53%, S&P 500 E-minis were up 20.25 points, or 0.35%

and Nasdaq 100 E-minis were up 44 points, or 0.21%.