European markets closed slightly higher on Wednesday as global markets assessed the latest inflation reading out of the U.S.
Core inflation, which excludes volatile food and ... It also serves as an encouraging signal for European markets, following last week's record highs. The Euro Stoxx 600 and Germany's DAX both ...
Economists polled by Reuters had expected the January inflation print to come in at 2.4%, unchanged from December.
European markets are heading for a positive open Wednesday as global markets await the latest inflation reading out of the U.S.
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.