European stocks held on to small gains, as cooling US inflation fueled bets of a Federal Reserve rate cut in September. Earlier figures showed lower-than-expected UK inflation that also boosted sentiment, while UBS Group AG rose on upbeat earnings.
![European Stocks Gain as US Inflation Fuels Fed Rate Cut Bets](https://img.easybranches.com/uploads/news/2024/08/european-stocks-gain-as-us-inflation-fuels-fed-rate-cut-bets.jpg)
(Bloomberg) — European stocks held on to small gains, as cooling US inflation fueled bets of a Federal Reserve rate cut in September. Earlier figures showed lower-than-expected UK inflation that also boosted sentiment, while UBS Group AG rose on upbeat earnings. Read More
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