European markets are heading for a positive open on Tuesday as global investors await the latest U.S. inflation data.
European markets are heading for a positive open on Tuesday as global investors await the latest U.S. inflation data and hope to see signs that inflationary pressures are easing.
Economists surveyed by Dow Jones expect a 0.3% increase on a monthly basis in November, or an annual pace of 7.3%. That would be a step down from October's 0.4% monthly increase and annual gain of 7.7%. The U.S. Federal Reserve begins its last meeting of 2022 on Tuesday. Economists widely expect the U.S. central bank to raise rates by half a percentage point when the meeting concludes Wednesday.
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