European Stock Gains Amid Rate Cut Speculation ...Middle East

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European Stock Gains Amid Rate Cut Speculation
European stock markets recovered from initial losses, closing higher on Wednesday as investors speculated that the Federal Reserve might reduce interest rates later this month following a steady U.S. inflation report. The STOXX 600 index improved throughout the day, finishing with a 0.3% gain after U.S. data indicated the Consumer Price Index (CPI) rose as anticipated in November.

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