Market Swings: Inflation Data Bolsters Rate Cut Hopes
Published on: Aug. 29, 2025, 8:22 p.m. | Source: Devdiscourse
Major stock indexes dipped while U.S. Treasury yields slightly increased following U.S. inflation data aligning with economists' predictions. Technology shares, particularly Dell Technologies, led declines. This data supports expectations of a Federal Reserve rate cut in September. The Dow, S&P 500, and Nasdaq witnessed declines.
