【每日晨读金融时报】27Sep2025 英语口语听力 附原文及实用单词短语

▸ Wall Street retreats after infla­tion data under­scores fears over interest rates

▸ US gov­ern­ment bor­row­ing costs rise as investors off­load bench­mark Treas­ur­ies

▸ Paris stocks extend declines in week of polit­ical tur­moil in France

Wall Street stocks dropped yes­ter­day after infla­tion data under­scored investors' nervous­ness about the tra­ject­ory of interest rate cuts in the world's biggest eco­nomy.

The tech-heavy Nas­daq Com­pos­ite index had fallen 1.2 per cent by early after­noon in New York. The blue-chip S&P 500 index was down 0.8 per cent.

The Per­sonal Con­sump­tion Expendit­ures price index — the cent­ral bank's pre­ferred meas­ure of infla­tion — rose 2.6 per cent in July. That was in line with ana­lysts' expect­a­tions but above the US Fed­eral Reserve's 2 per cent tar­get.

“We expect tar­iff-related price pres­sures to exert fur­ther upward pres­sure on core infla­tion in the com­ing months,” said Pooja Sri­ram, vice­pres­id­ent for US eco­nom­ics at Barclays.

Per­sist­ently high infla­tion would be a hurdle to the cent­ral bank cut­ting its bench­mark interest rate.