London, Aug 29, 2025 (AFP) - Stock markets retreat as US inflation clouds rates outlook

NAMPA / AFP

2025-08-29

Stock markets fell on Friday, with US indexes retreating from record highs as a key US inflation reading accelerated, lowering the possibility of sustained interest rate cuts in the coming months. Investors widely expect a cut next month to bolster the world's largest economy after Fed chief Jerome Powell signalled last week the risks of labour market weakness in the world's top economy. But the personal consumption expenditures (PCE) price index......

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Toulon, France, Aug 29, 2025 (AFP) - France, Germany to provide more air defence to Ukraine: statement

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