European stocks rise as on-target U.S. CPI dampens Fed hike expectations
European equities pushed higher on Thursday, capturing a risk-on bid after an as-expected U.S. inflation reading reinforced bets that the Federal Reserve will hold interest rates steady in September. The pan-European Stoxx Europe 600 Index advanced 0.2%, resuming its trajectory toward record peaks. Gains were broad-based across continental bourses, with Germany’s DAX gained 0.5%, while ...
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