Stocks climb as investors await US inflation data
Stock markets mostly rise on the eve of the release of key US inflation data that will show whether consumer prices have cooled from decades-high levels, on Tuesday. – AFP pic, April 12, 2023.
STOCK markets mostly rose yesterday on the eve of the release of key US inflation data that will show whether consumer prices have cooled from decades-high levels. Inflation figures today are set to fuel speculation about whether the US Federal Reserve will further lift interest rates, after data last week showed a healthy rise in hiring.
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