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European Stocks Gain as US Inflation Fuels Fed Rate Cut Bets

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.


  • Aug 14 2024
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European Stocks Gain as US Inflation Fuels Fed Rate Cut Bets
European Stocks Gain as US Inflation Fuels Fed Rate Cut Bets
(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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