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Posted on Aug 30, 2025 / USA

Wall Street indices declined after hitting fresh highs earlier in the week, as investors held their breath for the latest inflation readings. July's PCE report—especially the core number—is due soon and expected to show inflation ticking upward. Fed watchers note that Governor Waller is leaning toward a rate cut, even as GDP growth and low unemployment suggest caution. Thoughts of easing monetary policy helped push the S&P and Nasdaq higher earlier, but now uncertainty is creeping in. Plus, recent policy moves—like ending tariff exemptions on low-cost imports—are stirring questions about inflation and supply chains. The market is on edge ahead of the Fed’s next move.

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