New York, Aug 29, 2025 (AFP) - US stocks pull back as investors digest inflation data

NAMPA / AFP

2025-08-29

Wall Street stocks retreated Friday ahead of a long weekend as investors assessed data showing that underlying inflation accelerated slightly. The Federal Reserve's preferred inflation gauge was steady at 2.6 percent in July from a year ago, said the Commerce Department in a report. But excluding the volatile food and energy segments, the personal consumption expenditures (PCE) price index rose 2.9 percent from a year prior, up from 2.8 percent i......

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