Posted 12/12/2023, 5:34:37 AM
European, Asia Stocks Up Ahead of US Inflation Data and Fed Meeting on Rates
- European markets set to open higher Tuesday ahead of U.S. inflation data and Fed meeting
- Economists expect U.S. consumer price index to remain steady in November and grow 3.1% year-over-year
- U.S. Federal Reserve two-day meeting begins today, with interest rate policy decision expected
- Asia-Pacific markets edge higher Tuesday, led by Japan stocks gaining for second straight session
- CNBC Pro S&P 500 hit new 2023 high last week; analysts debate if stock rally can be sustained