European Shares Decline On Growth Worries

European stocks fell on Friday as initial optimism over tame U.S. CPI data fizzled out, following hawkish comments from a Federal Reserve official.

After U.S. inflation readings for July came in lower than expected, San Francisco Fed President Mary Daly said that it was premature to say if the Fed has raised rates enough to bring inflation down to the 2 percent target.

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by RTTNews Staff Writer

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