 and 2.6% from last year. The latest figures will likely be welcomed by the Fed's policymakers, who have said they need to feel confident that inflation is slowing sustainably toward their 2% target before they'd start cutting interest rates. I'm Shelley Adler. Stocks were lower on Wall Street Friday. The Dow was down 45 points. NASDAQ dropped 126. More on these stories at townhall.com.