U.S. stock futures were indicating a higher Wall Street on Friday after a volatile week, with recent U.S. data soothing inflation nerves, while the dollar approached three-month lows on reduced bets of early Federal Reserve rate hikes. U.S. inflation worries have spooked markets, and Fed minutes on Wednesday suggested some policymakers were ready to talk about reducing stimulus by tapering bond purchases. But that inflation concern eased on Thursday after the Philadelphia Federal Reserve Bank said its business activity index fell to 31.5 in May from 50.2 in April, casting doubt on the pace of economic recovery.
