US inflation relieves Wall Street, yields stable

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NEW YORK :Steady U.S. inflation data reassured Wall Street, leading to gains on Friday while Treasury yields stayed largely flat and gold firmed on expectations the Federal Reserve may continue cutting interest rates this year. U.S. consumer spending rose slightly more than expected in August while the inflation rate rose to 2.7 per cent from 2.6 per cent in July, in line with economists' expectations. Concerns continued to percolate around fresh White House tariffs on pharmaceuticals which had

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US inflation relieves Wall Street, yields stable https://www.channelnewsasia.com/ - 26.09.2025 18:17

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US inflation relieves Wall Street, yields stable https://www.channelnewsasia.com/ - 26.09.2025 18:17