By Johann M Cherian and Pranav Kashyap Dec 5 (Reuters) - Wall Street's main indexes were poised for a muted open on Friday as investors awaited a long-delayed inflation report that could shape the Federal Reserve's policy path.

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RALEIGH, N.C. (WTVD) -- The Commerce Department released its new consumer spending report and it shows annual inflation rose at its fastest pace in September in more than a year. The data finds consumer spending increased slightly. Folks in the Triangle are trying to navigate the economy while also preparing for the holidays.

Stocks are back on the doorstep of record territory after a volatile month on Wall Street, but persistent inflation worries and souring consumer sentiment are keeping investors uneasy ahead of the Fed’s last policy meeting of the year.

The focus is on the delayed September PCE report on consumer inflation, the gauge favored by the Fed, to sanity-check rate-cut bets.

U.S. stock futures rose in premarket trading on Friday ahead of a key inflation report that will be some of the last data Fed officials see before making their final interest rate call of the year.