Global Markets Rebound on Inflation Optimism
Investors cheer falling interest rate pressures across European stock exchanges as FTSE leads broad market turnaround.
Equities rallied across major European and American indices this morning following consumer price data that indicated core inflation has retreated for the third consecutive month.
The FTSE 100 gained 1.4% led by banking and clean energy equities, while central bank governors indicated they may slow the pace of monetary tightening.
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