US consumer price inflation is in focus as the Federal Reserve prepares for its latest monetary policy decision next week. (Photo: AFP)
NEW YORK – Global markets rose on Monday at the start of a busy week that includes the release of key US inflation data and a European Central Bank decision on interest rates.
Wall Street pushed higher, with traders already focused on Wednesday’s consumer price index (CPI) report, which could determine the Federal Reserve’s next move on interest rates.
“Today’s generally quiet session means that attention is focusing squarely on the US CPI data and ECB decision due this week,” said…
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