April 9 (Reuters) - U.S. stock index futures were little
changed on Thursday as investors assessed an in-line inflation
reading and its impact on the Federal Reserve's monetary policy
path.
A Commerce Department report showed the Personal Consumption
Expenditure index - the Fed's preferred inflation gauge - rose
2.8% in February on an annual basis, in line with estimates,
according to economists polled by Reuters.
Core PCE, which excludes the volatile food and energy
components, rose 3% on an annual basis, also in line with
estimates.
A separate report showed the U.S. economy grew 0.5% in the
fourth quarter, compared with estimated growth of 0.7%.
At 08:34 a.m. ET, Dow E-minis were down 177 points,
or 0.37%, S&P 500 E-minis were down 19 points, or 0.28%,
and Nasdaq 100 E-minis were down 46.75 points, or 0.19%.
(Reporting by Avinash P in Bengaluru; Editing by Devika
Syamnath)