European Markets Set to Plunge as U.S. Inflation Runs Hot

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European Markets Set to Plunge as U.S. Inflation Runs Hot
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European stocks are expected to fall sharply at the open as global markets digest the latest inflation reading out of the U.S.

European stocks are expected to fall sharply at the open as global markets digest the latest inflation reading out of the United States.Analysts are mixed on whether the data suggests inflation has hit a peak.

LONDON — European stocks are expected to fall sharply at the open as global markets digest the latest inflation reading out of the United States. The reading has sparked concerns that a path of aggressive rate hiking lies ahead.

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