European stocks rose to a session high after the US reported slower-than-estimated inflation, encouraging traders that the Federal Reserve is likely to lower interest rates later this year, just hours before the central bank provides updated rate projections. The Stoxx Europe 600 Index jumped 1.0% at 1:46 p.m. in London. Rate-sensitive real […]

European stocks rose after the US reported slower-than-estimated inflation, encouraging traders that the Federal Reserve is likely to lower interest rates later this year, just hours before the central bank provides updated rate projections. The Stoxx Europe 600 Index gained 1.1% at the close in London. Rate-sensitive real estate and technology led […]