Wall Street

Stocks gain, shrugging off latest policymaker inflation concerns

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Reuters UK

By Tommy Wilkes LONDON (Reuters) -European stocks reversed early losses on Thursday as investors remained bullish even after Federal Reserve policy meeting minutes and comments from a European Central Bank official showed that the inflation outlook had not improved. Stocks have staged a strong rebound in the past two months on hopes a peak in the pace of monetary tightening is within sight, but they remain vulnerable to central banker warnings that the fight against price pressures is far from over. Federal Reserve officials saw “little evidence” late last month that U.S. inflation pressures w…

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