Futures rise as Fed allays rate-hike worries

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Futures rise as Fed allays rate-hike worries

By Shristi Achar A and Shashwat Chauhan (Reuters) -U.S. stock index futures advanced on Thursday, a day after the Federal Reserve left interest rates unchanged and allayed fears around potential rate hikes, with focus moving to a spate of earnings reports through the day. While Fed Chair Jerome Powell indicated that stubbornly high inflation would see a long-expected U.S. rate cut pushed back, he refused to entertain talk that rates might actua…