European Stocks Close Higher After Cautious Session
RTTNewsยท2025-10-24 17:28
Despite struggling for support till mid afternoon, European stocks edged higher on Friday after cooler-than-expected U.S. consumer price inflation raised prospects of an interest rate cut by the Federal Reserve next week. Investors also digested a fresh batch of corporate earnings announcements, and regional economic data, in addition to following the developments on the geopolitical front.Data from the Labor Department showed the U.S. consumer price index rose by 0.3% in September after climbing by 0.4% i ...