European Market Updates

European Shares Resume Slide As Inflation Worries Mount

European stocks fell sharply on Thursday after data showed consumer inflation rose at its fastest rate since 2008 last month, raising worries about whether the Federal Reserve will have to tighten policy sooner than it would like.

U.S.-China tensions also remained in focus, with the U.S. accusing the Chinese government of turning Xinjiang into an "open-air prison" by expanding surveillance in the north-western region.

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by RTTNews Staff Writer

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