European Market Updates

European Shares Edge Higher As Inflation Worries Ease

European shares traded higher on Thursday as benign U.S. inflation readings kept the door open for potential rate cuts by the Federal Reserve this year. That said, regional gains were capped by weaker-than-expected U.K. GDP data released this morning.

The U.K. economy expanded slightly in November after two consecutive contractions, the Office for National Statistics reported earlier today.

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by RTTNews Staff Writer

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