Futures rise after bank rout, CPI data awaited

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(Reuters) – U.S. stock index futures rose on Tuesday after a volatile session amid fears of fallout from the collapse of Silicon Valley Bank, while investors awaited an inflation report that could determine whether the central bank will pause its rate hikes in March. The February consumer prices report, due at 8:30 a.m. ET (1330 GMT) from the Labor Department, will feed into the U.S. Federal Reserve’s policy decision at its March meeting. Traders’ bets are equally split between a 25 bps rate hike and a no-hike scenario.. A Reuters poll of economists showed that the U.S. Consumer Price Index (C…

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